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Home Cryptocurrency Ethereum

Ethereum Gas Fees Soar: Dencun Upgrade to Ease Pressure

As Ethereum's network traffic increases, gas fees reached unprecedented levels, exceeding 174 gwei on Monday. The upcoming Dencun upgrade is expected to alleviate the escalating costs and improve scalability.

by John Darbie
Tue, Mar 5, 2024 4:40am
in Ethereum
• 2 mins read
14.8k
Ethereum Gas Fees Soar: Dencun Upgrade to Ease Pressure | FinOracle

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Ethereum Gas Fees Reach Unprecedented Levels as Demand Surges

Blockchain’s scalability and cost-efficiency tested as gas fees hit all-time high

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