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
BrightView's Operational Improvements Seen Driving Financial Growth, Oppenheimer Says
AGF Management Ltd. Price Target Cut to C$19.00/Share From C$21.00 by BMO
BlackBerry Trims Secure Communications Forecast as Precaution -- Market Talk
IRLAB names Janne Backman board chair, replacing Carola Lemne
Crypto prices
More
