Ethereum's network gas fees have sharply decreased to 0.067 Gwei, marking a significant drop amid a slowdown in network activity. This reduction in transaction costs is beneficial for traders, offering them cheaper transaction options. However, the decline raises concerns about Ethereum's revenue model, which relies on gas fees as a primary source of income. The ultra-low fees could indicate reduced network usage, posing potential challenges for the platform's financial sustainability.
Ethereum Gas Fees Plummet to 0.067 Gwei Amid Network Slowdown
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