Charges on layer 2s, designed to scale the Ethereum community, additionally surged, with transactions costing as a lot as $1 on Arbitrum, the best since 2022, the report mentioned. This situation has a fast repair although with the Dencun improve arising subsequent week, which is anticipated to decrease transaction prices on layer 2s to cents.
PEPE, SHIB Frenzy Benefits Ether (ETH) Price but Makes Ethereum ‘Unusable’ for Many, IntoTheBlock Says
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