Ethereum's Daily Transaction Fees Fall to Lowest Single-Day Total Since December

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Ethereum's Daily Transaction Fees Fall to Lowest Single-Day Total Since December
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Ethereum's daily transaction fees hit an 8-month low of $2.8M on Sunday, according to data tracked by blockchain analytics firm CryptoQuant. A decline in total fees paid indicates low network usage, but could point to a rise in popularity of Ethereum layer 2 scaling solutions. CoinDesk's Jennifer Sanasie presents 'The Chart of the Day.'

Ethereum's daily transaction fees hit an 8-month low of $2.8M on Sunday, according to data tracked by blockchain analytics firm CryptoQuant.

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