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Ethereum’s Dencun Upgrade Sparks Concerns: L1 Earnings Plummet 99% Amid Shift to Layer-2 Networks
Dencun strengthen reduced Layer-2 transaction prices vastly, attracting more users to L2 networks care for Arbitrum and Rotten. Amid drastic reductions in Layer-2 fees, users exited Ethereum, ensuing in a steep ninety nine% fall in mainnet income. Arbitrum and Rotten dominate the Layer-2 house with the very ideal total value locked and monthly involving users
