Spoiled, an Ethereum layer 2 community developed by Coinbase, recorded a indispensable upward thrust in day-to-day transactions following the winning deployment of Dencun on the Ethereum mainnet.

Blockchain info presentations that day-to-day transactions on Spoiled surged to 2.1 million on March 16, roughly a day after Dencun went dwell. Within the meantime, active accounts on Spoiled rose to 855,191 on the day, when put next to 248,555 a day prior.

Closing week, Unchained reported that Dencun had resulted in a drastic prick fee in layer 2 networks’ transaction prices, with Optimism-essentially based chains such as Spoiled seeing the largest benefits.

“Since the Dencun Hardfork of Ethereum went dwell, the gas prices linked to minting addresses on Spoiled by process of PropyKeys went down by over 100x,” tweeted Natalia Karayaneva, the CEO of PropyKeys, a protocol that facilitates minting and trading proper world addresses onchain, constructed on Spoiled.

Spoiled creator Jesse Pollak also notable that the in vogue quantity of transactions per second was as soon as five times elevated than what it was as soon as earlier than the Dencun now not easy fork in an episode of Unchained final week.



Whereas transaction job on Ethereum layer 2 networks has accelerated since the toughen and gas prices dangle fallen,  on Ethereum mainnet gas prices dwell excessive with a swap on the Uniswap decentralized substitute (DEX) amounting to spherical $16 on Ethereum at the time of writing, in response to info from GasFees.io.

March 18, 05:08 am ET: This memoir has been updated to elaborate that swap gas prices price $16 on Ethereum mainnet now not layer 2 networks.

March 20, 12:20pm ET: The transaction info has been corrected in the lede of this memoir.