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The seven-day moving average of Ethereum transaction fees has spiked (https://www.theblock.co/post/316533/ethereum-transaction-fees-surge-even-as-active-accounts-fall-to-year-to-date-lows) to $3.52, marking a significant 314% increase from $0.85 on September 1. On the same day, September 21, Ethereum experienced a massive surge in daily ETH burning, reaching 1,360 ETH, up 1,600% from 80.27 ETH on September 1. Despite these increases, the number of active accounts on the Ethereum network has dropped to about 385,000, the lowest point of the year. 0 reply
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