Ethereum core devs campaign for gas limit raise to 40 million
The Ethereum core developers behind this campaign claim that the goal of raising the has limit is to reduce transaction fees on L1s.
Read moreThe Ethereum core developers behind this campaign claim that the goal of raising the has limit is to reduce transaction fees on L1s.
Read moreTransaction fees across various Ethereum layer-2 networks, such as Base, StarkNet, and Optimism, have seen significant reductions following the implementation of the Dencun upgrade.
Yesterday, the Dencun upgrade went live after months of anticipation within the crypto community.
The imminent launch of the Ethereum Dencun upgrade at 14.00 UTC today, March 13, has sparked a notable surge in the prices of native tokens for layer-2 protocols, including Arbitrum, Polygon, and Optimism.
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Ethereum’s price soared to a noteworthy milestone in the past day, briefly crossing the $3,000 mark for the first time in 22 months.
During this period, ETH’s price peaked at approximately $3,025, marking a remarkable 27% surge over the last 30 days.