A new Ethereum layer-2 network, Scroll, temporarily drove blob fees up to $4.52. This marks the third significant change since the Dencun upgrade in March.

Impact of Scroll Airdrop on Fees

Hildobby, a pseudonymous crypto analyst, mentioned that the increase was due to Scroll's governance token airdrop, which was listed on Binance. The situation spurred interest in tokens and increased blob fees.

Trends in Fee Changes

According to Dune Analytics, blob fees reached a high of $4.52 on October 22. Similar hikes occurred during the L2 activity surge in July and during the launch of the Blobscriptions protocol in March. High blob fees are a double-edged sword, raising gas rewards but also transaction costs on Ethereum L2.

Community Reaction and Upcoming Improvements

Blob fees eventually decreased, especially as a new Ethereum Improvement Proposal (EIP-7742) was proposed on October 18. This EIP is set to be implemented in the upcoming Pectra fork aimed at improving network scalability.

The introduction of blobs with the Dencun upgrade lowered transaction fees. However, the recent spike due to Scroll demonstrates the need for further development and improvements in the network.