Following the Dencun and Atlas upgrades, Ethereum's layer-2 solutions have seen significant improvements and increased attention. Experts, including Ethereum founder Vitalik Buterin at ETH Taipei, have noted the surprising surge in layer-2 usage and the reduction in transaction fees. For instance, transaction fees on Arbitrum and Optimism have dropped to less than a cent, a notable decrease from previous rates. This development has not only made transactions more affordable but also attracted more users and investments to Ethereum's layer-2 networks. Additionally, the upgrade has led to a doubling or even tripling of daily transactions on Ethereum rollups. The upgrade, which introduced Proto-Danksharding, has significantly reduced gas costs for publishing Chainlink oracle reports on layer-2 rollups by up to 99%, further enhancing Ethereum's competitive positioning in the crypto space. LightLink and Starknet have also been highlighted for their low transaction fees, indicating a broader impact across various layer-2 solutions.
CRYPTO FUNDING: Layer-2s were a fundraising focus a week after Ethereum’s Dencun upgrade https://t.co/tBBLUmffVo
Congratulations to the #Ethereum ecosystem on the recent Dencun upgrade, which introduced Proto-Danksharding. After the upgrade, the gas costs for publishing #Chainlink oracle reports on L2 rollups, such as @arbitrum, @base, and @Optimism, dropped by up to 99%. https://t.co/EGAA4oNzmY
Ethereum L2 networks are showing significant asset growth 👀 https://t.co/rv0y0NRAYw
Checking @l2beat L2 fees regularly since the merge, it looks like it stabilizes with @Starknet not only being the cheapest zk rollup 👏 but also being cheaper than @arbitrum😱 sub cents transfer and swap More fun for less $ Bullish on @StarkWareLtd, sn stack and @KakarotZkEvm https://t.co/gJMbV5f2ZA
$ETH #Dencun Upgrade: ETH's Competitive Positioning https://t.co/7hIso8AtEk
Just a week after the Dencun upgrade, Ethereum is already breaking new ground. Ethereum rollups are witnessing daily transactions doubling or even tripling in this short time. Dive deeper into the stats in this week's Crypto Moves: https://t.co/xKfcihRdy4 https://t.co/Ref8xJwcDU
LightLink is the first true Optimium L2 to be listed on @l2beat! Our proprietary stack + novel architecture w/ @CelestiaOrg underneath allowed us to offer <$0.01 per tx fees long before the Dencun upgrade made it possible for OP & ARB-based Optimistic Rollups. Always ahead. https://t.co/3w7qlym7Jb
KΞy Chart: you’re looking at the impact of the #Dencun upgrade. Last month, the average transaction cost on Layer 2 @Optimism was $0.23; One week after the upgrade, it’s less than a cent. (1/5) https://t.co/V58TUyJXme
A lot of people have an outdated view on L2s. After the latest Decun + Atlas upgrade, txn fees on @arbitrum only cost 1 cent 👀 https://t.co/I2I45p9g3B
Ethereum founder Vitalik Buterin told Decrypt and @RugRadio at ETH Taipei that he's been surprised by layer-2 "usage" since the Dencun upgrade. Here's what he means: https://t.co/IrESyRMB4y
The Dencun upgrade has benefited layer-2 solutions, yet some experts are concerned about their complexity and potential risks. https://t.co/CqUajbxyQY