Ethereum Dencun Upgrade Spurs L2 Bot Activity and TX Failures
The March Ethereum Dencun upgrade led to a sharp surge in L2 transaction activity, which triggered a significant increase in transaction failures from addresses driven by bot usage. For instance, Base experienced a 41.6% failure rate, with Arbitrum and OP mainnet seeing failure rates of 20.87% and 12.85%, respectively. Following the Ethereum Dencun upgrade in…