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Ethereum Blob Fees Spike to $4.52 as Scroll Airdrop Drives Demand Coinpaper 23 Oct 2024

Ethereum Blob Fees Spike to $4.52 as Scroll Airdrop Drives Demand 📈

Ethereum's network experienced a significant increase in blob fees, hitting $4.52, in response to the heightened demand generated by Scroll's airdrop. This event marks the third noteworthy spike in fees since Ethereum's Dencun upgrade, first implemented in March.

Source: coinpaper.com ↗