New paradigm: Ethereum fees regularly surpass Bitcoin, and it’s good for ETH
BTC $11,710 (+2.4%) • ETH $379 (+0.9%) • XRP $0.24 (+1.9%)
Fees on the Ethereum blockchain network are consistently surpassing Bitcoin and industry executives say it could spark a “new paradigm.”
Cole Kennelly, who heads growth at Staked, institution-focused decentralized finance (DeFi) firm, said:
“ETH fees are consistently materially higher than $BTC fees. A new paradigm.”
Growing fees on Ethereum could cause three factors to materialize that might further fuel its medium-term growth. The potential catalysts are high gas leading to bigger ETH demand, continuous increase in user activity, and sustainability of DeFi.
📈 Trending … DeFi Tokens • Oracle Tokens • Biggest Gainers • Stablecoins
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