The Ethereum Dencun upgrade has significantly reduced transaction fees, making them more predictable and accessible, with an average fee of just $0.37.
Dencun Upgrade and Its Impact
The Dencun upgrade, implemented in August 2025, has made Ethereum's fees more predictable and accessible, reducing them to $0.37. This change enhances Ethereum's competitiveness compared to low-fee blockchains like Solana and Tron.
Role of EIP-7999 and Developers
The reduction in fees has been made possible by improvements in network structure, particularly through the EIP-7999 proposal created by co-founder Vitalik Buterin and developer Anders Elowsson. This proposal aims to simplify fee structures and improve predictability.
Future of Ethereum Gas Fees
Currently, there is an increase in network activity and a decrease in financial barriers for users and developers. Further changes and new upgrades are expected to promote DeFi growth and strengthen Ethereum's market position, ensuring its accessibility to a wider audience.
The reduction of Ethereum's fees and the implementation of EIP-7999 could significantly impact the blockchain's future by attracting new investments and accelerating the development of decentralized finance.
