Explosive Defi, Stablecoin Activity Send Ethereum Fees Above Bitcoin

Explosive Defi, Stablecoin Activity Send Ethereum Fees Above Bitcoin

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  • The median transaction fees on the Ethereum blockchain have been above Bitcoin’s for over a month.
  • Data aggregator Messari noted that an explosion of activities on Ethereum-backed decentralized finance and stablecoin projects shot its fees higher.
  • It further stated the Ethereum’s consistent uptrend shows that its demand is not slowing down.

Ethereum has set a new record against Bitcoin.

The…

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