The Ethereum Dencun upgrade in March inadvertently led to a surge in transaction failures on layer-2 networks. Following the upgrade, there was a notable increase in failed transactions and bot activity on layer-2s, as reported by Galaxy. The activation of EIP-4844 resulted in a significant rise in daily transaction activity on Ethereum L2, but also caused a spike in transaction failure rates. High-activity addresses saw failure rates as high as 41.6%, while lower activity addresses had much lower failure rates. Notably, Solana also experienced a high rate of transaction failure, with a significant portion of transaction fees being spent on failed transactions. Despite concerns about bot activity, some argue that bots contribute to market efficiency. The introduction of data blobs through EIP-4844 aimed to reduce burdens on the execution layer by providing temporary data storage space for rollup data. Read more AI-generated news on: https://app.chaingpt.org/news