There is an Increase in Total Revenue on the Ethereum Network! 💥
- Recently, with the increasing volumes, $ETH has been performing well.
With the increase in earnings:
🔹It plays a significant role in boosting confidence in Ether and Layer 2s.
🔹Earnings allow Foundation and POW (+ POS) costs to be covered in a shorter time.
🔹Recently, the revenues on the $SOL network have reached incredible figures, but one fact remains that many of us are using EVM products, so the network's revenue increase is positive.
🔹One of the negative aspects is that the network's gas fees can reach astronomical figures.
-> The negativity here can positively lead to money flowing into Layer 2s.
=> Conclusion; Ethereum regaining its leadership across all networks is beneficial for many of us and may lead to a nice bull run (positive).
I hope the best for us.
#DYOR