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Ethereum Fees Surge Amidst DeFi Activity and Market Rebalancing | Flash News Detail | Blockchain.News

Ethereum Fees Surge Amidst DeFi Activity and Market Rebalancing

12/13/2024 11:48:06 AM

Ethereum Fees Surge Amidst DeFi Activity and Market Rebalancing

According to IntoTheBlock, Ethereum's weekly transaction fees have reached their highest level since April. This surge is attributed to increased DeFi activity and market rebalancing following a $100,000 market retracement earlier this week. Traders should note the heightened activity and potential volatility in the Ethereum network due to these factors. (Source)

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