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Average Gas fee for Ethereum drops 95% one year after Dencun upgrade

Internet reports that the average Gas fee for Ethereum dropped by 95% in the year after Dencun was upgraded. On March 13, 2024, Ethereum's Dencun upgrade was launched, which combines the Cancun upgrade at the execution level and the Deneb upgrade at the consensus level, and introduces nine Ethereum Improvement Proposals (EIPs). According to YCharts, the average Gas fee for Ethereum has dropped from 72 gwei in 2024 to only 2.7 gwei on March 12, 2025.(Cointelegraph)

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