$99 Gas Fees on Ethereum Are Crippling DeFi’s Growth
Skyrocketing Ethereum fees and the exorbitant costs of interacting with DeFi smart contracts, threaten the growth of the sector.
The surging popularity of decentralized finance (DeFi) protocols on Ethereum (ETH) has contributed to skyrocketing fees, with the network processing an all-time high of $6.87 million in total fees yesterday.
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