Ethereum Dencun Upgrade Catalyzes Monumental Uptick in Daily Base Transactions

Ethereum Dencun Upgrade Catalyzes Monumental Uptick in Daily Base Transactions

The Ethereum Dencun upgrade has acted as a significant catalyst, causing a remarkable escalation in the Base daily transactions on the Coinbase Ethereum layer-2 network. Post-upgrade, the transaction numbers experienced a meteoric rise, soaring from a daily average of 440,000 to a record-breaking two million on March 16th. This substantial increase in transactions, by a massive 350%, showcases the profound positive influence of the Ethereum Dencun upgrade which also led to a significant reduction in fees. The upgrade not only boosted transaction volumes but also attracted an enormous influx of new users to Base. An astounding 666,866 new users signed up on March 16th, marking a jaw-dropping 3,200% surge from the average number of new users prior to the upgrade. It is evident that the Ethereum Dencun upgrade has kindled a great deal of interest and activity, culminating in an unparalleled expansion in transactions and new user registrations on the Base platform.


Not financial advice. Always be safe and secure when dealing with cryptocurrency. Never send anyone your private key. Always Do Your Own Research..DYOR..DYOR..DYOR!


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