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dencun

Ethereum Sees Record Low Fees with Layer 2 Surge

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Ethereumā€™s Dencun upgrade significantly reduced Layer 2 transaction costs, leading to a surge in network activity. Lower transaction fees on Ethereum have reversed its deflationary trend, causing new inflationary pressures on the supply. Transaction fees on the Ethereum mainnet dropped to an all-time low after the Dencun release. This updateā€™s main component was the application…

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Ethereum Dencun Upgrade Sparks Surge in Layer-2 Txn Failures Galaxy Research States

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šŸš€ Stay Ahead with AltcoinDaily.co! šŸŒ Ethereum Dencun upgrade, which took place in March, has led to an unexpected surge in transaction failures across layer-2 networks, according to recent findings. In an August 21 analysis, titled ā€œ150 Days After Dencun,ā€ Galaxy noted the implications of the upgrade. The upgrade, which introduced data blobs via Ethereum…

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