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Ethereum Cointelegraph

Ethereum’s popularity ‘a double-edged sword’ — a16z’s State of Crypto report

“Ethereum’s overwhelming mindshare helps explain why its users have been willing to pay more than $15 million in fees per day on average just to use the blockchain,” a16z stated.

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Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Ethereum’s popularity ‘a double-edged sword’ — a16z’s State of Crypto report

“Ethereum’s overwhelming mindshare helps explain why its users have been willing to pay more than $15 million in fees per day on average just to use the blockchain,” a16z stated.

Why this matters

This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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