Summary
- It was reported that the total fee revenue of the Ethereum(ETH) network decreased by nearly 50% compared to the previous week.
- IntoTheBlock analyzed that the cause of this decrease is the slowdown in on-chain activity.
- This week's total Ethereum fee revenue is about $6 million, with fee revenue decreasing by 49.9%.
The total fee revenue of the Ethereum(ETH) network has decreased by nearly 50% compared to the previous week.
On the 21st, the cryptocurrency media IntoTheBlock reported on X (formerly Twitter) that "this week, the total fee revenue of the Ethereum(ETH) network decreased by 50%," analyzing that "this is due to the continued slowdown in on-chain activity."
According to the media, this week's total Ethereum fee revenue is $6 million (approximately 8.7 billion KRW), a decrease of 49.9% compared to the previous week.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
