Ether Mainnet Fees Hit Record Low After Dencun Upgrade, ETH Turns to Inflation
On 6 October, it was reported that Ether's mainnet fees hit an all-time low after the Dencun upgrade, according to IntoTheBlock. eip-4844 slashed L2 costs by a factor of 10, driving a record number of transactions.
However, ETH has moved from previous deflation to inflation due to a reduction in the amount of Ether destroyed.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BTC's current market dominance declines to 59.24%
Hard AI Morning News | Anthropic’s valuation slashed to 1.2 trillion
We Are Still Early: One Brutal Wall Street Session Erased More Than the Entire Crypto Market
Crypto prices
More
