"Last Month Ethereum (ETH) Users Spent $570M in Network Fees"

Source
JH Kim

Summary

  • According to crypto data platform Token Terminal, Ethereum Layer 1 users spent $570 million.
  • The report indicates that $420 million was spent on Ethereum Layer 1-based applications last month.
  • Additionally, $150 million was spent on Layer 1 transaction fees, according to the analysis.

On the 13th (local time), crypto market insight platform Unfolded analyzed data from crypto data platform Token Terminal, reporting that "Ethereum (ETH) Layer 1 users spent approximately $570 million in fees last month."

The analysis further revealed that "users spent $420 million on Ethereum Layer 1-based applications, while $150 million was spent on Layer 1 transaction fees."

publisher img

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
What did you think of the article you just read?