Will the transaction fee be reduced after the Ethereum upgrade?

EIP-7691 Increases the maximum number of blobs. More blobs can carry more data, allowing Rollup to package more transactions.

Rollup improves efficiency, reducing cost sharing per transaction, thereby reducing handling fees. Just like a truck can carry more goods, the transportation cost per cargo is reduced.

EIP-7702 Improves crypto wallet user experience and account abstraction. It makes it easier for users to operate and reduces unnecessary transaction steps.

Simplified operations means reducing the number of transactions, thereby reducing the total handling fee. For example, if you operate multiple times in the past, now you will complete it once, and the handling fee will naturally be reduced.

EIP-7251 raises the maximum stake limit of validator from 32 ETH to 2,048 ETH. More validators will participate to improve the degree of network decentralization.

The network is more stable and efficient, and the transaction processing speed is accelerated, reducing additional fees due to waiting, and indirectly reducing handling fees.

Pectra upgrades were stress-tested on the Holesky test network. Although the final confirmation was not completed immediately after startup, the development team actively resolved the problem.

If the test network can optimize the upgrade effect, the main network can play a role in reducing the handling fee after upgrading, bringing benefits to users.

Looking back at the past Ethereum upgrades, some upgrades have indeed brought about changes in handling fees. For example, some upgrades that improve scalability can alleviate network congestion and reduce handling fees.

This Pectra upgrade has similar scalability improvement measures. Referring to history, there is a possibility of reducing handling fees.

Even if the upgrade improves scalability, if transaction demand increases sharply, the handling fee may still increase. For example, traffic roads are widening, but vehicles are increasing soaring, and they are still congested.

Users need to pay attention to the needs of online transactions, combine them with the upgrade effect, and judge the handling fee trend.

The operating costs of nodes affect handling fees. If the upgrade can optimize node operations and reduce costs, the handling fees may also be reduced.

For example, due to the upgrade, the demand for node storage and computing resources has decreased, operators have reduced fees, and user handling fees have decreased accordingly.

The cryptocurrency market is fiercely competitive, and in order to attract users, Ethereum may reduce handling fees through upgrades.

When the handling fees on other platforms are low, reducing the handling fees after Ethereum upgrade can improve its competitiveness and attract more transactions.

Upgrades have an impact on the execution efficiency of smart contracts, and efficient execution can reduce handling fees.

Smart contracts are executed faster, reducing resource usage time, reducing costs, and corresponding reductions in handling fees.

The Ethereum community pays high attention to handling fees. If the handling fees do not meet expectations after the upgrade, the community will provide feedback.

Based on feedback, the development team may adjust relevant parameters in the future, which will further affect the handling fee.

With the increase in cross-chain interaction, Ethereum upgrade needs to consider collaboration with other chains. Good collaboration can reduce cross-chain transaction fees.

For example, interaction with other links is smoother, reducing costs of intermediate links, and reducing user cross-chain transaction costs.

In the short term after the upgrade, the handling fee may fluctuate due to network adjustments. In the long run, if the upgrade effect is stable, the handling fee is expected to be reduced.

Just like the implementation of the new policy, there is an adaptation period in the early stage, and then it can play a stable role and reduce handling fees.

For different types of transactions such as transfers and smart contract calls, the handling fees vary. Upgrades may be targeted and optimized.

For example, optimize the calculation method of smart contract call fee and reduce such transaction costs.

Technical details during the upgrade, such as changing the data storage method, affecting the handling fee. More efficient storage reduces costs.

Data storage is more compact, reducing storage resource consumption and reducing handling fees.