Good news for Ethereum fans! Graph from Glassnode reveals Ethereum fees soar to 9,000 ETH per day, highest in 10 months!
This is mainly due to increased trading volumes. The Santiment chart shows that on March 6, trading volumes hit a record high in 2022 at $51 billion!
️ Another reason is the upcoming Dencun upgrade on March 13th ️ The most important upgrade after Shanghai ️ Highlights are the features “Proto-danksharding” that will drastically reduce Layer 2 fees!
ETH's price also jumped, now at $3,890, up 3.40%.
summarize:
Ethereum fees soar to highest in 10 months!
Ethereum Trading Volume Hits Highest in 2022!
️ Dencun upgrade imminent, Proto-danksharding feature Layer 2 fees will be reduced.
ETH price jumped 3.40% to $3,890.
#Ethereum#Dencun#Crypto#Siamstr#UHUCrypto#Write2Earn#UHUHabit
https://ambcrypto.com/ethereum-fees-spike-as-the-network-prepares-for-dencun/
