Will the gas fee be reduced after Ethereum upgrade?

EIP - 7702 Improves crypto wallet experience and account abstraction. This simplifies the transaction process and reduces unnecessary operations, which theoretically reduces the consumption of a single transaction, just like optimizing the service process, reducing cumbersome links and saving time and cost.

Optimize transaction processing logic to make smart contract execution more efficient. The speed of complex contract computing is faster, reducing the usage of Gas, just like upgrading computer hardware, running software is smoother and consuming less energy.

EIP - 7691 Increase the maximum number of blobs to enhance Rollup expansion capabilities. Rollup can package multiple transactions, similar to express delivery package delivery, reducing network congestion and reducing Gas fee pressure.

More transactions can be processed in parallel to improve the overall network throughput. Just like widening the road, traffic flow can be kept smooth and transaction confirmation will be faster, and Gas fees do not need to be increased due to congestion.

EIP - 7251 Increases the maximum stake of validator from 32 ETH to 2,048 ETH. More staking enhances network security, reduces transaction delays and confusion caused by malicious attacks, and indirectly stabilizes Gas fees.

Attract more nodes to participate in verification and distribute network load. Just like increasing traffic police guidance, ensure orderly online transactions and avoid raising gas fees due to congestion.

Optimize consensus algorithms to reduce unnecessary computing and communication overhead. Make the network run more "lightweight", reduce Gas consumption, etc., optimize engines, and reduce energy waste.

Improve storage mechanism and improve data reading and writing efficiency. Transaction-related data is processed faster, saving gas, like upgrading hard drives, and reading and writing files faster.

After the upgrade, the transaction processing efficiency will be improved. If the transaction demand remains unchanged, there is room for gas fees to decline. As supply increases, demand remains unchanged, and prices naturally tend to decrease.

However, as Ethereum performance improves, it may attract more users and applications. If demand grows too fast, Gas fees may still remain high or even rise, depending on the dynamic balance between supply and demand.

For simple transfer transactions, due to the optimization of transaction processing, the Gas fee may be significantly reduced and the transfer cost of ordinary users will be reduced.

Although the upgrade has been optimized for complex smart contract calls, the reduction in Gas fee may be small due to complex operations, but there are still savings compared to before the upgrade.