Blob Gas Hits 92% Saturation: L2 Fees Double as Ethereum's Data Layer Tightens

2026-10-31, FP360 — Blob gas utilization on Ethereum has surged to 92% this week, pushing average L2 transaction fees up 110% to $0.18 as rollups compete for limited data availability, according to on-chain data from Etherscan and L2Beat. The catalyst: a record 1.8 million daily L2 transactions and a new wave of blob-consuming apps, forcing a repricing of rollup economics.

The Signal: Blob space is the new battleground—L2s with efficient compression and priority fees will thrive, while inefficient rollups face margin compression.

---

Originally published on FINPULSE 360