Ethereum Network Fees Have Increased 368% Since the Beginning of the Month
Thus, since the beginning of the month, the volume of coins destroyed daily during transactions has increased by 1295%: from 80.27 to 1120 ETH. The local peak of 1660 coins was reached on September 20.
ETH has attracted increased attention after its market cap against Bitcoin fell to its lowest since 2021 last week.

In addition, the seven-day MA of ETH stakers' daily profit also fell to its lowest since February this year, to $5.8 million.

At the time of writing, ETH is trading at $2,642, up 2% in a day. The weekly gain was 14.5%, and the asset has risen by 16% since the beginning of the year.