The total transaction fees on the Ethereum blockchain have recently dropped to a 6-month low of 1,720 tokens, indicating a lack of interest in the coin. This is evidenced by the chart showing the trend in the Ethereum total fees over the past six months, which has been steadily declining. Similarly, the Bitcoin total fees have also taken a sizeable hit recently, dropping by almost 16%.The lack of activity on the Ethereum and Bitcoin networks could be a worrying sign for the sector as a whole, as the recent crash didn’t seem to ignite fresh trading interest in the coins. Ethereum’s price has remained flat since the crash, trading around the $1,600 mark, suggesting that interest in the asset remains low.
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Information |
Details |
Geography |
Global |
Countries |
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Sentiment |
negative |
Relevance Score |
8 |
People |
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Companies |
Ethereum, Bitcoin, TradingView, IntoTheBlock, Unsplash.com |
Currencies |
ethereum, bitcoi |
Securities |
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