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ZyCrypto
2023-02-28 20:33:54

NFT Market Heats Up: On-Chain Data Shows Rising Ethereum Gas Fees

NFT Market Heats Up: On-Chain Data Shows Rising Ethereum Gas Fees

On-chain data shows an increase in activities based on the Ethereum application layer – partly due to high NFT transactions – an indication that the market for digital collectables could be preparing for a comeback. Per a report compiled by Glassnode Monday, the median transaction gas price on Ethereum has spiked to 38 Gwei, comparable

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