According to IntoTheBlock, Ethereum mainnet fees hit a record low as L2 transactions surged following the Dencun upgrade. EIP-4844 slashed L2 costs by a factor of 10, driving a record number of transactions.
However, due to the decrease in the number of Ethereum destroyers, ETH has moved from previous deflation to inflation.
IntoTheBlock: Ethereum mainnet fee hits record low after Dencun upgrade, ETH turns to inflation
2024-10-06 15:25:04
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