Blobs Upgrade Slashes Gas Fees on Optimism
Blobs Upgrade Slashes Gas Fees on Optimism
馃敟 Blobs Slash Fees
The recently launched Dencun Upgrade (EIP-4844) on Ethereum has introduced 'blobs' - a new storage solution for large data sets like smart contracts and transaction histories. This upgrade has significantly reduced gas fees on Layer 2 solutions like Optimism by 10-100x. On Optimism, swapping multiple tokens in a single transaction via DZap.io now costs as low as $0.05. The Ethereum Foundation is actively working to further optimize this process, paving the way for a future with minimal gas fees.
The Dencun Upgrade (EIP-4844) has successfully launched on Ethereum, marking a significant leap in scaling the network. By introducing "blobs," this major upgrade ushers in a new era of scalability, dramatically cutting L2 gas fees by 10-100x 馃敟
The blobs upgrade is making waves 馃敟 On Optimism, swapping multiple tokens in a single transaction via @dzap_io costs as low as $0.05. Our team is working to further optimize this process. A future with minimal gas fees is on the horizon 馃
Crypto Integration in 401(k) Plans
Reports indicate Trump will sign an Executive Order allowing cryptocurrency investments in 401(k) retirement plans. This regulatory shift could mark a significant milestone in crypto adoption within traditional financial instruments. Key points: - Executive Order to permit crypto in retirement accounts - Major cryptocurrencies seeing price increases on the news - Potential integration with existing 401(k) infrastructure This development could expand crypto accessibility to mainstream retirement investors while introducing new considerations for portfolio management.
Base Leads DZap Transaction Activity, Followed by Arbitrum and Optimism
**Base** has emerged as the leading chain for transaction activity on DZap over the past week, with Arbitrum and Optimism following closely. The platform now supports over 50 chains through a unified interface, showing steady growth in user engagement. Recent integrations include: - KaiaChain - INK Network - opBNB - Abstract Chain July performance metrics: - 3,081 active users - 31,013 transactions - $8.01M total volume [Try DZap now](http://dzap.io)
Bridge of the Day: USDC-ETH to ARB-Arbitrum Route Update
NEAR Protocol continues to maintain its position as the optimal bridging solution for USDC transfers from Ethereum to ARB on Arbitrum. The protocol demonstrates superior performance with: - Lower gas fees compared to alternative routes - Faster transaction execution times - Better efficiency than 7+ competing protocols Users can access this bridging service through [dzap.io](http://dzap.io) for the most cost-effective transfers. *Historical context shows consistent performance, with NEAR Protocol maintaining its leading position in recent weeks.*
DZap Launches Testnet Across Multiple Chains with $8M Trading Volume
DZap's July milestones include: - Testnet launch across Monad, MegaETH, Arbitrum & Ethereum - $DZAP listing on CoinGecko (preview mode) - New regional communities for India, China, Korea, and UAE - Integration with Abstract Chain, opBNB, and Hemi - New providers: Eisen Labs, RhinoFi, USDT0, NEAR Protocol **Monthly Stats:** - 3,081 users - 31,013 transactions - $8.01M trading volume [Try the testnet](http://app.dzap.io/?testnet=true) or [read full recap](https://medium.com/@dzap_io/84e2a7eba2db)
DZap Goes Live on DefiLlama with $17M Volume Across 44 Chains
DZap has achieved a significant milestone by launching on DefiLlama's DEX Aggregators Volume Dashboard. The platform has recorded over $17M in trading volume across 44 different blockchain networks. The meta-aggregator service operates across 22 bridges, offering users: - Optimized liquidity access - Cross-chain trading capabilities - Competitive pricing through aggregated sources Track DZap's performance: [DefiLlama Dashboard](https://defillama.com/protocol/dzap?tvl=false&events=false&dexAggregators=true) Try the platform: [DZap.io](http://DZap.io)