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The median Ethereum network Gas fee has reached a new low in the past 5 years. Odaily reports that according to Dune data, the median Ethereum network Gas fee has recently hit a new 5-year low, dropping below 2 gwei on August 10th. Additionally, the real-time Gas fee has at times fallen below 1 gwei. $BTC $ETH $BNB
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The median Ethereum network Gas fee has reached a new low in the past 5 years. According to Dune data, the median Ethereum network Gas fee has recently hit a new 5-year low, dropping below 2 gwei on August 10th. Additionally, the real-time Gas fee has at times fallen below 1 gwei. $BTC $ETH $BNB
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The total market capitalization of cryptocurrencies has fallen to $2.147 trillion, with a 24-hour decline of 3.5%. On August 12, according to CoinGecko data, the total cryptocurrency market capitalization fell to $2.147 trillion, a 24-hour decline of 3.5%. $BTC $ETH $BNB
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Uniswap Labs report: Cryptocurrency asset prices are affected by conventional risks and monetary policy factors. PANews reported on August 11 that Uniswap Labs published a paper titled "Research on Drivers of Cryptocurrency Asset Prices" co-authored by researchers from the Copenhagen Business School and Circle. The paper indicates that cryptocurrency asset prices are significantly influenced by conventional risk and monetary policy factors. It is worth noting that during the cryptocurrency market decline in 2022, the factor of tightening monetary policy accounted for more than two-thirds. In contrast, the compression of cryptocurrency risk premiums has been the main driver of cryptocurrency returns since 2023, and it is unrelated to the active stock market backdrop. $BTC $ETH $BNB
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Base has become the only blockchain with over 100 million addresses on the second-fastest chain. According to Coin98 Analytics, Base is the second-fastest blockchain to reach 100 million addresses on-chain, taking 420 days, slightly behind the first-fastest BNB Chain at 414 days. $BTC $ETH $BNB
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Ethereum Network Gas Fees Reach Five-Year Low
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