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Upgrade · Mar 13, 2024

Dencun and proto danksharding

EIP-4844 makes data far cheaper for layer 2 networks.

ETH close on Mar 13, 2024
$4,008
Source: Coinbase Exchange ETH/USD daily close, 2024-03-13

The Dencun upgrade activated on March 13, 2024. Its headline change, EIP-4844, added blobs, a cheaper temporary data space for rollups. Fees on layer 2 networks like Arbitrum, Optimism and Base dropped sharply right after.

It was a big step in Ethereum's plan to scale through layer 2s rather than making the base chain much faster.

Ethereum price, USD
launchrallycrashupgradelegalforkoutagemilestone

Source: Coinbase Exchange ETH/USD daily closes 2016-05-18 to 2026-10-14. Fetched Oct 14, 2026 from free public APIs. Click a dot for the event and its price on that day.

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Sources

Facts written in our own words. Last checked Oct 14, 2026.