Ethereum blob adoption rises as weekly ETH burn surpasses Uniswap

According to Dune Analytics data compiled by Hildobby, Ethereum has averaged more than 21,000 blobs per day over the past two months, a trend that highlights users' growing preference for L2 scaling solutions. Meanwhile, the cost of the blob publishing process fluctuates based on network demand. According to GrowthePie, fees associated with blobs on Ethereum reached about $4 million over the past month. These fees paid in ETH are burned, permanently removing these tokens from circulation and affecting their supply. Essentially, the popularity of blobs has had a significant impact on the Ethereum ecosystem, especially its ETH burn rate. According to Ultrasound.money data, blobs have become the main source of Ethereum burns over the past week, destroying 453.24 ETH, exceeding the burn volume of Uniswap, the largest DEX on the Ethereum chain, during the same period (396 ETH). However, Uniswap is still the largest ETH destroyer in the past 30 days, contributing 4,681 ETH, while 1,068 ETH was destroyed through blobs. (CryptoSlate)