CryptoQuant Analysis: Dencun Upgrade’s Impact on Ethereum’s “Ultra Sound Money” Status

The Ethereum blockchain, a cornerstone of the decentralized finance (DeFi) ecosystem, has consistently grappled with scalability issues. Network congestion during periods of high activity leads to slow transaction times and exorbitant gas fees, hindering user experience and hindering the network’s ability to support a wider range of applications. The Dencun upgrade, deployed in March 2024, […]