After the Decun upgrade, Ethereum [ETH] witnessed major changes in the ecosystem. Because of this, ETH’s fees hit an all-time low.
witnessed major changes in the ecosystem. As a result, ETH’s fees hit an all-time low. This also had a major impact on the token’s deflationary characteristic.that revealed quite a few important updates. Post Dencun, Ethereum Mainnet fees hit an all-time low as L2 transactions surged. EIP-4844 slashed L2 costs by 10x, driving record activity.
At the time of writing, ETH was trading at $2,476.41, with a market capitalization of over $298 billion.
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