Blockspace Market Trends - Cumulative fees spent across all chains have increased over the last 7 years, indicating higher volume [1] - Fees on individual chains have decreased significantly due to innovations like EIP1559, blobs for L2s, and altDA [1] - Network upgrades, such as Avalanche's, also contribute to reduced fees [1] Blockspace Commoditization and Monetization - Blockspace is becoming relatively commoditized [2] - A power law distribution is emerging, with a few chains monetizing blockspace with real value [2] - Thousands of chains will offer very cheap, nearly free blockspace [2] Future of Blockspace - Users will experience seamless/cheap interactions but will pay more on "high value chains" [3] - The industry needs more blockspace, even if it's not highly monetizable [3]