Ethereum Dencun upgrade nears: Did anything change for ETH?

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The wait for Ethereum’s [ETH] much-talked-about Dencun upgrade is coming to an end, as it is scheduled to happen in a few hours.

ETH’s price action remained bullish, as did market sentiment.much-talked-about Dencun upgrade is coming to an end, as it is scheduled to take place on the 13th of March.

Since the update is around the corner, AMBCrypto planned to check how ETH was doing ahead of the launch.The Dencun upgrade will be the next major update for Ethereum after the Shapella upgrade that was pushed back in 2023. This will be made possible as the developers will activate a new Ethereum Improvement Proposal , which is named proto-danksharding.While developers prepared to push the new upgrade, Ethereum’s network fees increased.revealed that ETH’s fees gained upward momentum and spiked on the 5th of March. As a result, ETH’s revenue also rose on the same day.

The king of altcoins also remained a buzzing topic of discussion in the market as its Social Volume remained high.

 

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