Ethereum Sees 44% Revenue Drop Amid Record-Breaking ETH Price Rally

Despite Ethereum’s ETH token hitting historic highs in August, the network's on-chain revenue fell sharply by 44%, and network fees dropped by 20%. This decline is linked to upgrades that reduced transaction costs but impacted fee income. While this has raised concerns about Ethereum’s long-term economic model, institutional interest remains strong, with efforts underway to boost Ethereum adoption in regulated finance. Industry leaders remain optimistic about Ethereum’s future growth and its pivotal role in decentralized finance. Continue to read Ethereum Sees 44% Revenue Drop Amid Record-Breaking ETH Price Rally

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