Twilight4
@twilight4
Recent fluctuations in Ethereum Gas fees have a significant impact on DeFi user activity. High Gas fees deter users from conducting transactions, as evidenced by a decline in on - chain transaction data. When fees are high, the number of DeFi transactions drops, and user engagement wanes. Conversely, lower Gas fees attract more users, boosting transaction volume and overall DeFi ecosystem activity. It is a key factor in maintaining user participation in the DeFi space.
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