Ethereum Cancun upgrade to take stock of new opportunities in the market
One of the core of Dencun's upgrade is to significantly reduce the transaction cost of Ethereum L2, improve the transaction throughput of L2, and benefit the L2 ecosystem.
According to BlockBeats news, on March 14, according to L2Fees data, Layer 2 handling fees have dropped after the Dencun upgrade. The current transfer and Swap fees on OP are less than 0.01 US dollars, which is currently the cheapest Layer 2 network.
BlockBeats news, on March 14, OP Mainnet, ZORA and Base have all supported EIP-4844, and network transaction fees have been significantly reduced. In addition, Superchain also supports blobs transactions.
According to actual measurements by BlockBeats, the current transfer cost of OP Mainnet under normal network conditions is only about 0.000000429 ETH, while the transfer cost before the Dencun upgrade was about 0.000067 ETH, a 99% drop.