Dencun Upgrade News

Vitalik Buterin proposes EIP-7983 to cap transaction gas at 16.77 million, aiming to boost Ethereum security, stability, and zkVM compatibility.

Ethereum’s income from L2 blob fees has dropped over 95% since mid-March, raising concerns about the network’s post-Dencun revenue model.

Standard Chartered downgrades its ETH price expectations, while one analyst compares trading Ethereum to “catching a falling knife.”

Etherscan data shows that an average swap costs only $0.39 in fees compared to around $86 one year ago.

Ethereum’s Pectra upgrade launches on the Holesky testnet today, introducing new validator rewards, account abstraction and layer-2 scaling improvements.

In an industry often dominated by hype, these 10 projects successfully delivered protocol improvements or new products in 2024.

In November, L2s have been posting some 3x more transaction data each day to the mainnet than they did in March.

Ethereum blob fees briefly surged to a price of $4.52, spurred by a frenzy of Scroll airdrop claims. 

The Ethereum network could generate $66 billion in free cash flow from transaction fees by 2030, VanEck estimates.

The roadmap comes amid fierce competition in data availability among rivals such as EigenDA and Avail.

Users will be able to earn restaking yield from layer-2 tokens on EigenDA.

This marks the first period of Ethereum becoming inflationary in the past year and a half since the Merge took place.

The Purge will introduce history expiration via EIP-4444 to limit the amount of historical data stored.

A new method for inscribing data on Ethereum blobs is wreaking havoc on fees for the data-saving feature.

The Dencun upgrade could be a significant step for mainstream crypto adoption, says Metis CEO Tom Ngo.