Ethereum’s Falling Fees Do Not Mean Falling Use, Bitwise Finds

Ethereum (ETH) network fee revenue fell 51% year-on-year to roughly $64 million in the second quarter, even as transaction activity rose and staking climbed to a record, according to a new Bitwise report. The decline reflected cheaper and more abundant blockspace rather than fading interest, the asset manager said. Measured in ETH, quarterly revenue actually