The recent Ethereum Dencun upgrade has significantly reduced gas fees on Layer 2 networks, with transaction costs dropping to less than a cent on platforms like Optimism. This major update aims to enhance transaction speeds and lower fees, making Ethereum more appealing to users. Post-upgrade, Ethereum rollups are experiencing a surge in daily transactions, showcasing the impact of the upgrade on the network's performance and competitiveness.
$ETH #Dencun Upgrade: ETH's Competitive Positioning https://t.co/7hIso8AtEk
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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
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
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One week later, how much has the Ethereum Dencun upgrade cut layer-2 gas fees? Many networks have shown massive drops—but not all of them just yet. Click to read: https://t.co/7AcLnijgwZ
What impact will #Ethereum's Dencun upgrade have on transaction speeds and costs? This major update aims to lower fees and improve processing times, making @Ethereum a more attractive platform for current and prospective users. See our analysis. https://t.co/cWrY22iGwT https://t.co/7GXTXpEdzw