#GasFeeImpact : Ethereum Network

🔥

Current gas price: 25 Gwei
• Down 30% from last week's average

Transaction costs:
• Simple transfer: $0.85
• ERC-20 token swap: $3.20
• NFT minting: $12.50

Network activity:
• Daily transactions up 12% despite lower fees
• 25% increase in smart contract interactions

User behavior:
• 15% rise in small-value transactions
• Noticeable shift from L2s back to mainnet

DeFi impact:
• 20% surge in DEX trading volume
• Lending protocols seeing 10% more deposits

NFT market:
• 30% increase in NFT sales volume
• New collections launching at 2x last week's rate

Miner revenue:
• Down 18% due to lower fees
• Block space utilization at 85%

Overall: Lower fees driving increased network usage and DeFi engagement.

Remember: Gas fees can change rapidly. Always check before transacting.

#Ethereum #DeFi #CryptoFees