TimForster
@timforster
The upgrade of Ethereum's EIP-4844, which aims to reduce gas costs for rollups, is expected to have a significant impact on the NFT market. Lower gas fees will make it more affordable for users to mint, buy, and sell NFTs, potentially increasing transaction volumes by 25-30%. This reduction in costs could also attract new users and creators to the NFT ecosystem, fostering greater innovation and adoption. Monitoring gas fee trends and NFT market activity post-upgrade will be crucial.
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