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Tag: Layer2

Ethereum records lowest transaction for the first time in 8 months — thanks to bear market?

Ethereum’s daily transaction fees have dropped to their lowest point in eight months, reaching 1,719 ETH ($2.8 million) on Sunday. This represents a significant decline from the year-to-date high of 16,720 ETH observed on May 5. The decrease in fees indicates lower network usage, with fees being determined by the level of activity and number […]

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