Ethereum’s average gas fee drops 95% one year after Dencun upgrade

Odaily News Ethereum's average gas fee fell 95% in the year after the Dencun upgrade. On March 13, 2024, Ethereum's Dencun upgrade was launched, which combined the Cancun upgrade of the execution layer and the Deneb upgrade of the consensus layer and introduced nine Ethereum Improvement Proposals (EIPs). According to YCharts data, Ethereum's average gas fee has dropped from 72 gwei in 2024 to only 2.7 gwei on March 12, 2025. (Cointelegraph)