Ethereum Gas Fees Hit New Low for 2023 as DeFi, NFT Activity Drops
With activity waning, Ethereum’s “ultrasound money” meme is under attack as supply is currently growing at an annual inflation of 0.44%.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Curve Finance: Ethereum’s Glamsterdam upgrade may boost DeFi execution
The Glamsterdam upgrade could enhance DeFi efficiency, potentially boosting Ethereum's market appeal and influencing future price...
Ethereum open interest drops 11.7% to lowest level since June 2026
The decline in Ethereum open interest suggests a cautious market sentiment, potentially reducing volatility but indicating bearish...
Polygon Opens Its Money Stack To TRON’s $94 Billion USDT Market
TL;DR: Polygon Open Money Stack now supports TRON, giving payment and fintech businesses a single infrastructure layer for bank tr...
Ethereum Price Prediction: Is Tom Lee’s $25K ETH Target Too Ambitious?
Tom Lee’s $10,000 Ethereum price prediction implies a 1000% move from ETH’s current price at around $2,500. BitMine’s accumulation...
XRPL’s $1.34 billion stablecoin base doesn’t tell us how much XRP users need
Tracked stablecoins on the XRP Ledger totaled $1.338 billion on Oct. 7. For XRP holders, the critical question is how much activit...
A $1,000 MetaMask incident could turn Ethereum’s staking queue into a $5 billion traffic jam
MetaMask's precautionary validator exits are turning a roughly $1,000 reward diversion into a test of Ethereum's staking capacity....