Coin Metrics' State of the Network • 0 implied HN points • 27 May 25
- The Pectra upgrade for Ethereum increased the maximum balance a validator can hold, allowing for better rewards and encouraging the consolidation of multiple validators into one.
- The upgrade also doubled the available blob space, which improves how Layer-2 solutions can operate, making transactions cheaper and faster for users.
- Early results show that more blobs are being used, and transaction counts have significantly increased, but there's still potential for even more growth in usage.