Since we rolled out 4844, we’ve seen a 5x increase in demand on Base, driving fees back up

To reduce fees and scale, we’re increasing the gas target 50% (to 3.75 mgas/s) tomorrow and then to 5 mgas/s following an observation period, targeting early next week

EIP-4844 is an upgrade to the Ethereum protocol aimed at reducing Ethereum's gas fees and increasing transaction throughput, paving the way for the future implementation of Danksharding.

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