The recent Dencun upgrade on Ethereum has led to a surge in activity on Layer 2 networks, with transaction counts doubling on platforms like Arbitrum, OP Mainnet, Base, and Starknet. Lower transaction fees across Layer 2 networks, including Base, have resulted in a significant increase in daily transactions post-upgrade. The upgrade aims to cut layer-2 gas fees, with some networks already showing substantial drops in fees.
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
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
Ethereum's Dencun upgrade is catching the eye of the Bitcoin crowd for its innovation and cost-efficiency. 🚀 “Ethereum is continuing to innovate...to make sure that it has a price point that just works for just about every application.” — @arbitrum’s @sgoldfed 📈 https://t.co/Dx5LJEK9Ia
What's next for $ETH? Now that Dencun is live, there are many questions as to what it means for the Ethereum network as well as which L2s will benefit the most. That's all covered in our vid today! https://t.co/UGMvUWYdCz
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
How Much Has the Ethereum Dencun Upgrade Cut Layer-2 Gas Fees? ► https://t.co/Heqqm7SPBo https://t.co/Heqqm7SPBo
BASE LAYER 2 NETWORK DAILY TRANSACTIONS SURGE AFTER DENCUN UPGRADE Base has experienced a significant increase in daily transactions over the past week. This surge is attributed to the Dencun upgrade, which led to lower transaction fees across Layer 2 networks, including Base.… https://t.co/03jVMqexUy
⚡Activity on Layer 2s has rocketed following Ethereum's Dencun upgrade. Transaction counts are up more than double on Arbitrum, OP Mainnet, Base, and Starknet over the past week, while active addresses have also posted double-digit upticks 👀 Read More: https://t.co/oPEbKngsGC https://t.co/xshqhOnfye
What Is Ethereum's Dencun Upgrade And How Does It Help? @ForbesCrypto I explained the basics and described how it affected our use cases in practice. https://t.co/RNSZ9vxGsy