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Ethereum in an inflationary spiral: On-chain activity dips, supply rises

Ethereum in an inflationary spiral: On-chain activity dips, supply rises

Transaction fees on Ethereum have dropped to levels not seen since November last year. The decline in on-chain activity has caused Ethereum to become inflationary. Average fees paid to process transactions on leading Layer 1 (1) network Ethereum [ETH] have plummeted to their lowest levels since 2022

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