The Ethereum network has received an upgrade.#toptraders#eth #altcoins
2️⃣Yesterday, the long-awaited network upgrade - Dencun, including EIP-4844 - was successfully launched on the Ethereum network. The update is aimed at supporting layer-2 networks by implementing a new type of transaction that can accommodate more data. This is the next step towards network scaling.
The price of#ETHis still moving within our expectations.
https://www.tradingview.com/x/mvCRURKK/
How did layer-2 networks react to this?
🙃 OP wasn’t particularly expensive anyway, but now the transaction fees are next to nothing.
https://www.tradingview.com/x/vmBJ0tXJ/
🚀#ARBis dragging its feet and promising to introduce a new mechanism any minute now.
https://www.tradingview.com/x/KhqDPZn1/
🌟#STRKbenefited 100%. Commissions have decreased significantly.
https://www.tradingview.com/x/cv7X1Poa/
🔀 ZkSync was one of the first to add a new mechanism and the cost dropped to $0.04.
🔵 BASE boasted of changing the cost of commissions. Previously, you could spend a lot on the L1 portion of their commissions.
Linea, Scroll still force their users to spend money and wait for an upgrade. As they say, let the whole world wait. 👨🦳
In other words, Dencun's positive impact on the entire ecosystem is visible. Although we will see the full effect a little later.