Ethereum (ETH) Gas Consumption Trends Hint at Expansion of One Crypto Sector, According to Analytics Firm
28 May 2022 - 6:00AM
The Daily Hodl
Ethereum (ETH) gas consumption trends paint a picture of what
sectors of the crypto market have been expanding, according to the
analytics firm Glassnode. In a new analysis, Glassnode says
non-fungible tokens (NFTs) now represent 30% of Ethereum’s gas
consumption dominance, far outweighing decentralized finance
(DeFi). “Through observation of Ethereum network usage, we can
identify […]
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Trends Hint at Expansion of One Crypto Sector, According to
Analytics Firm
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Ethereum (ETH) Gas Consumption Trends Hint at
Expansion of One Crypto Sector, According to Analytics Firm
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