Crypto Frenzy Passes Without Sending Ethereum Fees Sky High, in Win for Layer 2s

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Crypto Frenzy Passes Without Sending Ethereum Fees Sky High, in Win for Layer 2s
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“Earlier, gas fees on Ethereum would spike during periods of high activity (high volatility events, NFT launches),” Messari’s Goel said. Now, the overall Ethereum ecosystem – broadly writ, including its associated layer-2 networks – “is able to support much higher transaction volume.”

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