IntoTheBlock: Ethereum mainnet fees hit a record low after Dencun upgrade, ETH turns to inflation

BlockBeats reported that on October 6, according to IntoTheBlock data, after the Dencun upgrade, as L2 transactions surged, Ethereum mainnet fees hit a record low. EIP-4844 cut L2 costs by 10 times, driving a record number of transactions.

However, due to the reduction in the number of Ethereum destruction, ETH has shifted from deflation to inflation.