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After the upgrade, Dencun's average daily transaction volume has increased to 2 million transactions, an increase of 350%

After the upgrade, Dencun's average daily transaction volume has increased to 2 million transactions, an increase of 350%

2024/03/18 03:48
ETH+0.11%

Data shows that a few days after the Dencun upgrade, the daily transaction volume of Ethereum's second-layer network Base supported by Coinbase soared to a record 2 million transactions, an increase of 350%. In addition, the daily number of new users on Base also rose to 666,866 people, a significant increase of 3,200% from the average level before Dencun. This situation is related to the significant reduction in Base fees after the Dencun upgrade. According to Blockscout data, since the Dencun upgrade, Base's average transaction fee has dropped by more than 60%.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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