In this paper, we present a characterization of strong subdifferentiability of the norm of bounded linear operators on
$\ell _p$ spaces,
$1\leq p<\infty $. Furthermore, we prove that the set of all bounded linear operators in
${B}(\ell _p, \ell _q)$ for which the norm of
${B}(\ell _p, \ell _q)$ is strongly subdifferentiable is dense in
${B}(\ell _p, \ell _q)$. Additionally, we present a characterization of Fréchet differentiability of the norm of bounded linear operators from
$\ell _p$ to
$\ell _q$, where
$1 < p, q < \infty $. Applying this result, we will show that the Fréchet differentiability and the Gateaux differentiability of the norm of bounded linear operators on
$\ell _p$ spaces coincide, extending a known theorem regarding the operator norm on Hilbert spaces.