Ethereum Fusaka upgrade goes live: L2 costs slashed in half, but price still sees repeated tug-of-war around the $3,000 mark

[Crypto World] Ethereum’s recent Fusaka upgrade has slashed L2 transaction costs by 60%—mainly thanks to PeerDAS technology. Even more impressive, node bandwidth usage has dropped by 80%, which is a huge benefit for node operators.

After the upgrade, blob capacity has increased significantly, and rollup throughput is now eight times faster than the same period last year. For end users? Sending a transaction on L2 used to cost about $0.50, but now it only takes $0.20–$0.30. This reduction in cost can save frequent traders quite a bit.

However, the price action is a bit tricky. ETH is currently oscillating between the $3,050 and $3,350 range, which is a key threshold—if it breaks through, we could see a technical trend reversal; but if it can’t hold, we might have to retest the $2,144 area below. Upgrades are upgrades, but the market’s direction will ultimately depend on the tug-of-war between bulls and bears.