⚡ Ethereum Gas Fees Crash 95% — The Dencun Effect is Real
Exactly one year after the Dencun upgrade, Ethereum is finally delivering on cheaper gas fees. Average transaction costs have dropped from $80 to $0.39.
The Dencun upgrade enabled proto-danksharding, which, when paired with Layer 2 networks like Arbitrum and Optimism, drastically improved scalability. This has enabled more NFT activity, gaming, and microtransactions, without exorbitant fees.
🧠 Will this help Ethereum reclaim dominance from rival L1s and newer L2 ecosystems?
💬 Are you back on $ETH or still waiting for ETH 2.0?
#Ethereum #gasfees #Layer2 #Scalability