The meme coin craze in recent weeks has brought a record of the last 2 years to the Ethereum network.
According to data provided by the on-chain analysis platform IntoTheBlock, the increasing interest in meme coins has brought transaction fees on the Ethereum network to a 2-year record. Data shows that transaction fee revenue from the Ethereum network increased this week for $193 million He showed that he had achieved it.
popular with investors meme coin buying and selling Its transaction fee income this week compared to the previous week, when it made volume transactions through protocols such as Uniswao to make or find new meme coin opportunities. 78% increase showed.
Analysts say that this situation burning more Ethereum While he stated that it helped to make positive progress in terms of supply and supply, on the other hand, increasing activity accompanied very high transaction fees It was emphasized that he also brought
In addition, according to DefiLlama data, the transaction volume on decentralized exchanges (DEX) running on Ethereum also increased this week. 40% increase to 20 billion dollars rose.
Next week on Ethereum dencun will be upgraded and layer 2 (L2) Transaction fees on their networks will drop dramatically. With this upgrade, it is expected that investors will turn more to layer 2 networks and the density on the Ethereum main network will decrease.