đăEthereum on-chain activity surges, Gas fees soar 498%! ă
Recently, Ethereum on-chain activity has been hot, causing Gas fees to soar from $0.09 at the beginning of the month to $1.69, an increase of 498%! đCoinbase analysts pointed out that this phenomenon has no single driving factor, but the result of multiple factors.
đDEX trading volume increased by 9% month-on-month, the USDC deposit rate on Aave increased from 3.5% to 4.5%, on-chain DApp trading volume almost doubled in 24 hours, and NFT trading volume also increased by 17%.
What do you think of this surge in Ethereum on-chain activity? See you in the comments! đŹ#Blockchain#Ethereum#GasFees#NFT
