The market price of Ethereum (ETH) reawakened after a long period of stagnancy. ETH traded at $194.48, within earshot of the $200 level, with volumes climbing above $6.7 billion’s equivalent in 24 hours.
The Ethereum network has the benefit of carrying Tether (USDT), the leading stablecoin. More than 1.9 billion USDT were minted on the network. This led to an increase in average transaction fees in the past two weeks. ETH transfer fees doubled in the past two weeks.
At the same time, Bitcoin (BTC) fees have fallen, leading analysts to predict a “flippening” of fee structures. But slightly higher fees are not entirely bad for the Ethereum network, as they add a boost to miners’ rewards, which are at a record low. With no certain launch date of profitable staking, Ethereu...
