Ethereum’s Dencun upgrade has "greatly improved” the economics of Ethereum rollups. However, Galaxy says it also brought more failed transactions.
Ethereum’s Dencun upgrade in March has reportedly had the unintentional consequence of increased transaction failures across layer-2 networks.
In a post on X on Aug. 22, Galaxy researcher Christine Kim delved into the impact of data blobs following the Ethereum Dencun upgrade in mid-March.
She referred to an in-depth analysis by crypto investment firm Galaxy, “150 Days After Dencun,” published on Aug. 21. The analysis reported that failed transactions and bot activity on layer-2s had increased significantly since the upgrade, which reduced fees.