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Day: February 12, 2024

Ethereum fees rise 270% in 7 days as ETH surges 9% – Why?

cryptocurrency February 12, 2024

Advertisements Ethereum’s fees jumped 270% between the 5th and the 9th of February. ETH rose over 9% in the last week in USD terms. The blockchain ecosystem has seen a meteoric rise in recent years, with the entry of several new projects and advancements of the existing ones. However, amidst all these developments, the status […]

How L2 chains boosted Ethereum’s user base

cryptocurrency February 12, 2024

Advertisements Scaling solutions handled 5.17x more transactions than the base layer in the last seven days. The TVL on ETH L2s jumped fourfold over the last year. The Ethereum [ETH] layer-2 (L2) landscape has expanded by leaps and bounds in the past year. The blockspace’s demand for scaling solutions has hit the roof, with users […]

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