No End in Sight For High Ethereum Gas Fees

No End in Sight For High Ethereum Gas Fees

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Mid-August saw total Ethereum gas fees top a record $8.6 million in one day.

Following a brief respite, which coincided with the collapse of YAM Finance, total gas fees are starting to creep back up again. The latest data shows total gas fees reached $7.1 million yesterday.

Daily total gas fees on the Ethereum network. (Source: coinmetrics.io)

The current state of affairs has some commentators…

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