Ethereum experienced a revolutionary change in the process of trading fees in the world of block chain. The upgrade of Dencun, which was commissioned in March 2024, made the network more efficient by reducing Ethereum’s trading costs. Within a year, Ethereum transaction fees have melted and users can now make transactions with small fees. As Kriptokoin.com, we convey the details ..

95 %decrease in Ethereum GAS fees!

Dencun, one of the biggest updates of Ethereum, aims to increase the scalability of the network and reduce the process costs by combining the upgrade in the executive layer with the upgrade in the executive layer and the denb in the consensus layer. The effect of this upgrade was clearly reflected in the numbers within a year.

According to Etherscan data, an average swap process in 2024 cost 86 dollars, while as of March 2025, this figure fell only to $ 0.39. In NFT trading, users pay only 0.65 dollars in order to pay $ 145 instead of $ 145. While Ethereum users welcomed this dramatic decrease in transaction fees, a great opportunity for defi and NFT ecosystems.

Unexpected development in ETH price

While a major decrease in transaction fees, the price of Ethereum lost unexpectedly. ETH, which was $ 4,070 in March 2024, fell by 53 %in a year to $ 1,891. This was surprised among investors.

According to experts, the decline in Ethereum’s price is directly linked to the decrease in the total locked value (TVL) in defi projects and the rapid rise of competing platforms such as Solana. Investors, who think that Ethereum is no longer as attractive as before, are turning to alternative chains. Build on Bitcoin (Bob) Founding partner, Dominican Harz, says Ethereum’s popularity is reduced and the crypto industry is looking for new, more efficient solutions.

Ethereum’s next big step: Pectra upgrade

Pectra, which will be the biggest upgrade of Ethereum after Dencun, was commissioned on 5 March 2025 in the Sepolia test network. However, some technical problems occurred during the test. Mining empty blocks and error messages attracted the attention of developers. Ethereum developer Marius van der Wijden announced that the problems have been largely solved. However, some errors appeared again and the test process was extended.

Pectra upgrade aims to further reduce trading costs by allowing Ethereum to offer more data space for second layer solutions. Although it is unclear when this update will be applied to the main network, developers are trying to accelerate the process.

Will Ethereum maintain leadership in the future?

With the upgrade of Dencun, the transaction fees approach almost zero, while the decline in Ethereum’s price continues to worry about investors. Market experts, Ethereum’un competitiveness to maintain more scalable and lower processing periods, he says.

The effect of pectra upgrade in the coming period will play a critical role in determining Ethereum’s position in the market. However, in an environment where alternative block chains such as Solana grow rapidly, the future of Ethereum remains uncertain. Investors closely follow how Ethereum will follow a strategy in this competitive environment.