- Posted by: Guillaume
- Category: Interesting videos
Reducing the number of active Ethereum addresses.
Gas prices have also fallen.
As the DeFi markets began to cool, the impact on Ethereum usage is clear. The total cost blocked on all DeFi platforms remains high, at nearly $11 billion, but food madness and a sharp increase in yields seem to have subsided.
As activity on ETH addresses declined, demand for network usage declined, and this is good news for gas prices.