The average Etherum gas fee has decreased by 95% over the year after the Dencun upgrade, one of Ethereum’s most important network improvement.
On March 13, 2024, Ether Leeum’s Dencun upgrade was released. The upgrade combines the Cancun upgrade of the execution layer and the Deneb upgrade of the consensus layer. It also introduced nine Etherrium Improvement Proposal (EIP).
The main goal was to improve the expansion of Ether Leeum and reduce the cost of trading in the hierarchy -2 network. According to YCHARTS data, Ether Lee’s average gas fee dropped from 72 GWEIs in 2024 as of March 12, 2024.
Last year, the average swap cost user was $ 86, while the impossible token sales were $ 145. At the time of writing, according to Etherscan data, the average swap is $ 0.39 and NFT sales are $ 0.65.
Ether Leeum average gas fee. Source: YCHARTS
Since the Dencun upgrade, Ether Price has decreased 53%
Despite the rapid drop in gas fees, Ether (ETH) prices have been reduced by 53% since the Dencun upgrade.
During the March 2024 upgrade, ETH was traded more than $ 4,070. One year later, as of March 13, 2025, ETH reached $ 1,891, according to Coingeko data.
Etter’s one -year price chart. Source: Coingecko
In a statement sent to COINTELEGRAPH, Dominik Harz, co -founder of BOB (Bitcoin) hybrid layer -2 builds, recently said that it has been “poor performance.”
“Monday prices have made all Defi tvL profits since the Trump election. For several months in Solana’s Memecoin Frenzy and Ethereum, it is clear that the industry is looking for Defi’s new, sustainable and safe frontier. ”
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The upcoming PECTRA upgrade looks at hiccups.
On March 5, Ether Lee’s next major upgrade, PECTRA, was released in SEPOLIA, the final test net. But the team began to see error messages and empty blocks.
Ether Rig developer, Marius Van der Wijden, confirmed that the modification was deployed, but later unknown users caused additional problems, causing additional problems. The development team has since stabilized the testnet and successfully handled the transaction.
Harz said that this testnet problem is “hindered the launch of Mainnet,” but it is far from Ether Leeum’s biggest problem. The management said once the PECTRA is broadcasted, it will double the data space available in Layer-2, reduce costs and increase the execution capacity.
Harz said, “This is a step in the right direction, but the reality is that Ether Lee is rapidly losing its position as a chain for a building company. PECTRA is not a solution for deeper problems.
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