Ethereum's Blob pricing mechanism is crystallizing a meaningful floor in the market. As Layer 2 solutions scale up their activity, blob transaction costs are climbing noticeably against traditional calldata expenses—the ratio consistently hovering at 10% or higher over extended stretches.

This isn't just price movement. It signals something deeper: Ethereum is successfully monetizing data availability. The more L2s push throughput, the more competition emerges for blob space. Pricing pressure builds. What started as a scaling workaround is becoming a genuine economic layer within the protocol itself.

The data tells the story. Sustained cost differential means the market is pricing scarcity and demand. Blob economics are maturing from experimental to structural.