Ethereum Fees Explode To $67 Million! Who Benefits From This Increase?
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Transaction fees on the Ethereum network have reached a nine-month high, hitting $67 million per week. This increase is primarily due to a significant rise in activity in the decentralized finance (DeFi) sector, highlighting the challenges and opportunities for crypto users.
Crypto: Ethereum fees reach a nine-month high!
Ethereum transaction fees have surged to a peak of $67 million per week! This 17.9% rise in weekly fees is the highest since April 2024. The increase in these fees is mainly attributed to the growing activity on DeFi platforms, where crypto users leverage…
