ETHEREUM FEES DROP TO $261 MILLION IN Q3

Ethereum had a rough Q3, raking in only $261 million in fees—down a whopping 47% from last quarter, the lowest since Q4 2020.

Talk about a rough patch! With layer 2s flexing hard, the EIP 4844 drop, and new user hype fading, it’s no wonder.

Plus, Total Value Locked dipped 14%, and ETH itself took a 21% hit.

Uniswap’s Unichain is about to shake things up even more, leaving validators scrambling for those gas fees!

Source: CryptoNews