#GasFeeImpact
Yesterday I wrote a post in which I pointed out that the reason why ETH gas transaction fees are decreasing is more likely to signal a bearish trend for Ethereum than the other way around.
Because it is not due to blockchain upgrades/improvements but to the decline in activity on the Ethereum network.
I believe that such signals (like transaction costs) can and should be used in fundamental analysis. But only in conjunction with other signals.
I would like to know your opinion on this matter.
$ETH
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+3.23%
$SOL
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$ADA
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