via BeInCrypto · By BeInCrypto Editorial
Ethereum’s Falling Fees Do Not Mean Falling Use, Bitwise Finds
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Longs pay
Ethereum (ETH) network fee revenue fell 51% year-on-year to roughly $64 million in the second quarter, even as transaction activity rose and staking climbed to a record, according to a new Bitwise report.
The decline reflected cheaper and more abundant blockspace rather than fading interest, the asset manager said. Measured in ETH, quarterly revenue actually rose for the first time in over a…
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