"Ethereum's Dencun Upgrade: A Game-Changer for Gas Fees"
Ethereum's Dencun upgrade, a combination of the "Cancun" and "Deneb" upgrades, aims to reduce gas fees for Layer 2 networks by implementing EIP-4844, which improves the blockchain's data handling. This upgrade will significantly lower gas fees for transactions on decentralized exchanges, potentially dropping costs to as low as a fraction of a cent. While the main Ethereum network won't see fee reductions until 2026–2027, experts believe the upgrade will have a positive impact on Ether's price, potentially leading to a surge in mainstream applications and development potential.