The average Ethereum Gas fee has dropped 95% a year after the Dencun upgrade
The average Ethereum Gas fee has dropped by 95% in the year following the Dencun upgrade. On March 13, 2024, Ethereum's Dencun upgrade was launched, which combined the execution layer's Cancun upgrade and consensus layer's Deneb upgrade, introducing nine Ethereum Improvement Proposals (EIP). According to data from YCharts, the average Ethereum Gas fee has fallen from 72 gwei in 2024 to just 2.7 gwei on March 12, 2025. (Cointelegraph)
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