Name: Ethereum's Daily Transaction Fees Fall to Lowest Single-Day Total Since December
Uploaded: 2023-08-28T16:56:24.000Z
Duration: 1 min 13 s
Description: 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."

CD20$2,059.512.48%BTC$74,103.221.09%ETH$2,031.141.14%XRP$1.340.11%SOL$83.131.12%

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

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CD20$2,059.512.48%BTC$74,103.221.09%ETH$2,031.141.14%XRP$1.340.11%SOL$83.131.12%

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