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Home Crypto Ethereum

Ethereum Developers Propose EIP-7706 for Lower Gas Fees

Morgan Blockwell by Morgan Blockwell
June 4, 2025
in Ethereum
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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.

ethereum

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