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Mikhail Nechaev
@mandis
Gas fees on the Ethereum network have fallen to their lowest level in nearly two months. This was reported by a cryptocurrency analyst known under the pseudonym Quicktake. The drop in the indicator comes despite the upcoming approval and launch of US spot ETH-ETFs. The average gas fee for ETH (Gwei) has fallen to its lowest level since May 2024, according to analytics platform CryptoQuant. Moreover, a rapid decline in the indicator has been observed since the beginning of June.
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