Ethereum dApp volume jumps 92%, but ETH bulls need to be careful

Quick Summary:

Though Ethereum's dApp volume jumped, not all applications on the blockchain were bullish.

But this time, the dominance could be linked to the cheap gas fees enabled by the Dencun upgrade which took place in March.

However, during Ethereum’s era of high transactions fees, there were time it outperformed other chains in this regard.

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Article Details

Author / Journalist: Victor Olanrewaju

Category: Crypto

Markets: United StatesNigerNigeria

Topics: Ambcrypto News Social Altcoin Ethereum Trading View News 1

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-03 @ 11:00:07 (2 days ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 719 words

Reading Time: 4 minutes read

Sentences: 46 lines

Sentence Length: 16 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 21470768

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 20 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #103

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