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What happened in crypto today? Inside ETH’s record fees and Coinbase’s new master plan

What happened in crypto today? Inside ETH’s record fees and Coinbase’s new master plan

Ethereum’s price was riding the low tide, trading at $2,110.10 following a 9% decline over the previous month, but retail utility is still high.

Brian Armstrong, CEO of Coinbase, released an eight-point list stating that the global financial system still requires modernization. Additionally, Senator Cynthia Lummis voiced her frustration regarding the CLARITY Act’s delayed approval. 

Here is a detailed account of all the events that happened in crypto today. 

Ethereum transaction data sparks intrigue

Ethereum [ETH] has surpassed 70 million transactions per month, reaching an all-time-high, according to Token Terminal. Meanwhile, the median transaction fee has fallen to a record low of about $0.00554. 

Ethereum’s monthly transaction countEthereum’s monthly transaction count
Source: Token Terminal

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