Ethereum gas fee plummets as NFT sales and DeFi activity on the platform are on a sharp decline over the last two months.
The world’s second-largest cryptocurrency Ethereum (ETH) has been under severe pressure recently. As of press time, ETH is struggling to hold above $1,000 levels.
Amid the bearish conditions, the Ethereum network gas fee has dropped to the lowest since 2020 to 0.0015 ETH or $1.57. The last time the ETH gas fee was this low was in December 2020. Last year, the ETH gas fee…
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