Ethereum core developer eric.eth announced on the X platform that EIP-4844 will be released on Wednesday, reducing Ethereum transaction fees to $0.01.
Earlier reports indicated that the Ethereum Foundation announced the Dencun mainnet upgrade, expected to be activated on the Ethereum mainnet on March 13, 2024, at 21:55 Beijing time, at block height 269568. This upgrade introduces a temporary data blob with EIP-4844, also known as protodanksharding, which is expected to help reduce L2 transaction fees.