Golden Finance reported that the average Gas fee for Ethereum dropped by 95% in the year after the Dencun upgrade. On March 13, 2024, Ethereum’s Dencun upgrade was launched, which combines the Cancun upgrade of the execution layer and the Deneb upgrade of the consensus layer, and introduces nine Ethereum improvement proposals (EIPs). According to YCharts, the average Gas fee for Ethereum has dropped from 72 gwei in 2024 to just 2.7 gwei on March 12, 2025. (Cointelegraph)