A new proposal could reduce costs for certain ETH transactions.
- Targets calldata-heavy operations
- Could help L2s and DeFi protocols
- Still under discussion
What’s Happening
Ethereum devs proposed EIP-7706, introducing a new “calldata fee” structure that could reduce costs for layer 2 rollups and contract interactions.
Why It Matters
Gas efficiency is a key factor in Ethereum adoption. The proposal could boost usage and innovation on the network.
Market Impact
ETH price remained steady, but optimism rose in developer circles. L2 tokens like OP and ARB saw a small bump.
