Ethereum Dust Attacks Have Increased Post-Fusaka

Ethereum Dust Attacks Spike After Fusaka Upgrade, Data Shows

If Ethereum is to be a world computer, consistent with its original vision, then it must be cheap to transact on. Remember the CryptoKitties boom of early 2018? Well, that was the first major stress test, and Ethereum failed. Over the years, developers have been hard at work optimizing the network and balancing performance with gas fees. They have been largely successful. Ethereum is performant, and gas fees on the mainnet are attractively low. …

Ethereum Dust Attacks Surge After Fusaka Upgrade

Stablecoin-driven dusting attacks are increasingly shaping Ethereum’s daily activity profile. After the Fusaka upgrade, which aimed to cut on-chain data costs and streamline postings from layer-2 networks back to Ethereum, observers say cost reductions have coincided with a rise in tiny-value transfers. In practical terms, dusting is now contributing a meaningful share of on-chain activity, even as the majority of transfers remain economically m…

Ethereum Dust Attacks Have Increased Post-Fusaka

Stablecoin-fueled dusting attacks are now estimated to make up 11% of all Ethereum transactions and 26% of active addresses on an average day, after the Fusaka upgrade made transactions cheaper, according to Coin Metrics.  Ethereum is now seeing more than 2 million average daily transactions, spiking to almost 2.9 million in mid-January, along with 1.4 million daily active addresses — a 60% increase over prior averages. The Fusaka upgrade in Dec…

Ethereum Stablecoin Dust Transactions Surge 300% After Network Upgrades Trigger Micro-Payment Boom

The Ethereum network has experienced an explosive 300% increase in dust transactions following recent protocol improvements, with analysis revealing that 43% of all stablecoin balance updates now represent transfers under $1. This dramatic shift in transaction patterns signals a fundamental transformation in how stablecoins are being utilized across the world’s second-largest blockchain. My analysis of 227 million USDC and USDT balance updates e…