Ethereum's Post-Dencun L2 Boom: Proto-Danksharding Transforms Scalability
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By CryptoFlare AI
Ethereum's Dencun upgrade in March 2024 introduced proto-danksharding via EIP-4844, reducing L2 data posting costs by over 90% using cheaper 'blobs' instead of calldata. This has driven L2 total value locked past $41 billion, with daily transactions surpassing 20 million and exceeding mainnet activity. The upgrade enables sub-cent fees for DeFi, gaming, and social apps, positioning Ethereum's ecosystem as a scalability leader while preparing for full danksharding.
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