đ„ Ethereum Transaction Fees Take Off! đ
This past week, Ethereum's transaction fees have skyrocketed, bouncing back from their lowest since 2020. This surge not only highlights the recovery in network activity but also increases the ether burned, adding a deflationary twist to the $ETH economy.
Despite the spike in fees, it's intriguing to note a drop in the number of active addresses on the network, hitting a year-to-date low. đ
What does this mean for Ethereum and your trading strategies? More volatility ahead, or a chance to strategize with these shifting dynamics? Share your thoughts below!
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