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IntoTheBlock: Ethereum mainnet fees hit a record low after Dencun upgrade, ETH turns to inflation
2024-10-06 23:20
BlockBeats reported that on October 6, according to IntoTheBlock data, after the Dencun upgrade, as L2 transactions surged, Ethereum mainnet fees hit a record low. EIP-4844 cut L2 costs by 10 times, driving a record number of transactions.
However, due to the reduction in the number of Ethereum destruction, ETH has shifted from deflation to inflation.
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