⬆️ Base Network experiences transaction surge and user growth after Dencun upgrade.
◾️The Dencun upgrade significantly reduced Base's transaction fees. Before March 13, median gas fees were about $0.5; now they're around $0.003, making Base one of the cheapest Layer 2 networks. The average fee is $0.09.
◾️Daily transactions on the Base network surged from 440,000 before Dencun to over 1.05 million after the upgrade.