Ethereum Transaction Fees Hit Record Lows as DeFi Activity Slows

Data analysis firm IntoTheBlock reports that the Ethereum network has entered a new era of low transaction fees and is once again testing a deflationary narrative for Ether (ETH). Ethereum Transaction Fees Reach Bottom According to IntoTheBlock’s data, Ethereum Blockchain transaction fees have reached their lowest level since April 2020, dropping by approximately 90% from their peak in May of this year.The post Ethereum Transaction Fees Hit Record Lows as DeFi Activity Slows appeared first on COINTURK NEWS.