Ethereum’s income from L2 blob fees has dropped over 95% since mid-March, raising concerns about the network’s post-Dencun revenue model.
Dencun Upgrade News
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Standard Chartered downgrades its ETH price expectations, while one analyst compares trading Ethereum to “catching a falling knife.”
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Etherscan data shows that an average swap costs only $0.39 in fees compared to around $86 one year ago.
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Ethereum’s Pectra upgrade launches on the Holesky testnet today, introducing new validator rewards, account abstraction and layer-2 scaling improvements.
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In an industry often dominated by hype, these 10 projects successfully delivered protocol improvements or new products in 2024.
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In November, L2s have been posting some 3x more transaction data each day to the mainnet than they did in March.
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Ethereum blob fees briefly surged to a price of $4.52, spurred by a frenzy of Scroll airdrop claims.
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The Ethereum network could generate $66 billion in free cash flow from transaction fees by 2030, VanEck estimates.
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The roadmap comes amid fierce competition in data availability among rivals such as EigenDA and Avail.
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Users will be able to earn restaking yield from layer-2 tokens on EigenDA.
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This marks the first period of Ethereum becoming inflationary in the past year and a half since the Merge took place.
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The Purge will introduce history expiration via EIP-4444 to limit the amount of historical data stored.
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A new method for inscribing data on Ethereum blobs is wreaking havoc on fees for the data-saving feature.
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The Dencun upgrade could be a significant step for mainstream crypto adoption, says Metis CEO Tom Ngo.
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The Dencun upgrade marks a change in tactics for Ethereum, encouraging growth through improved layer-2 support.
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