Tag: network activity

Ethereum Gas Fees Spike Amid Network Activity, Sparking Layer 2 Migration

Ethereum Gas Fees Spike Amid Network Activity, Sparking Layer 2 Migration

Just like Ethereum gas fees that have recently skyrocketed, the volatility of the cryptocurrency market has been apparent lately. The most recent spike in fees has forced many users to turn to Layer 2 scaling solutions. That’s why developers are actively looking toward other, cheaper blockchains. This explosive growth highlights...

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