“The average transaction fee on the Ethereum network has increased to $3.98. This is almost five times more than the value of the beginning of September, when the indicator fell to $0.85. The recovery of the value of operations in the blockchain of the second cryptocurrency by capitalization has led to an increase in the rate of burning. On September 1, 80.27 ETH were withdrawn from circulation, and on September 21, 1,360 coins were withdrawn. Uniswap leads the rating of applications that consume the most gas. This is followed by transfers of cryptoassets in the network. The list includes trading ones […]”, — write: businessua.com.ua
The average transaction fee on the Ethereum network has increased to $3.98. This is almost five times more than the value of the beginning of September, when the indicator fell to $0.85.
The recovery of the value of operations in the blockchain of the second cryptocurrency by capitalization has led to an increase in the rate of burning. On September 1, 80.27 ETH were withdrawn from circulation, and on September 21, 1,360 coins were withdrawn.
Uniswap leads the rating of applications that consume the most gas. This is followed by transfers of cryptoassets in the network. The list includes trading bots Maestro and Banana Gun.
Despite the sharp increase in commissions and burn rates, the average value of active addresses fell by 14% since the beginning of the month — 373,770 against 435,340.
We will remind, against the background of criticism of Ethereum due to negative price dynamics CIO Bitwise’s Matt Hogan supported the second cryptocurrency, talking about its possibilities.
He previously advocated the launch of an ETF on memecoins.
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