Ethereum’s Layer-1 network has seen its revenue drop by a staggering 99% over the past six months. Data from Token Terminal reveals that the network’s revenue peaked at $35 million on March 5. However, following the Dencun upgrade, daily revenue started to fall, reaching a yearly low of $200,000 by September 2. This decline is The post Dencun Upgrade Impacts Ethereum: L1 Revenue Dives, L2s Soar appeared first on Coin Edition .