ETH Dencun upgrade attracts more L2 bots and failed txs: Galaxy Research

Ethereum’s Dencun upgrade has "greatly improved” the economics of Ethereum rollups. However, Galaxy says it also brought more failed transactions.

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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. 

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