đ **Ethereum Gas Fees Skyrocket!** đ
- Ethereum's gas fees have surged by a whopping 498% in the past two weeks! Average fees jumped from $0.09 to $1.69. Ouch! đž
- Analysts blame the spike on increased onchain activity, with DEX volumes up 9% and USDC deposit rates on Aave rising to 4.5%.
- Total Ether transfer volumes are also up 17%, causing gas fees to hit 40 gwei multiple times.
- Daily Ether fees burnt skyrocketed by 900% to 2,097 ETH!
- DApp and NFT volumes are booming, up 97% and 17% respectively.
- Ether's price shows a bullish shift but still faces resistance at key EMAs.
Stay tuned for more crypto craziness!
