Big news about Ethereum, a type of cryptocurrency! Recently, the cost of using Ethereum has dropped to its lowest point in a while. This means it's cheaper to send and receive digital money on the Ethereum network. This is partly because a clever system called 'layer-2' is helping speed things up.
- Ethereum's daily fees are down, meaning it costs less to use.
- This is partly because of improvements called 'layer-2 networks'.
- Other cryptocurrencies, like Solana and Tron, are becoming more popular.
- There have also been some disagreements within the Ethereum team.
- Despite the lower fees, some people are still buying up Ethereum.
| Fact | Number |
|---|---|
| Lowest daily Ethereum fees (since) | September 2024 |
| Daily fees on Feb 8 | $731,472 |
| ETH bought on Feb 7 | 330,705 |
| Value of ETH bought on Feb 7 | $833 million |
