Ethereum’s base layer demand softened in November, but ETH’s underlying price supports and strong layer-2 growth show the network still has momentum despite a drop in fees and TVL. Key takeaways:Ethereum’s base layer activity has cooled, with fees and TVL dropping, showing slower demand despite the recent price recovery.Layer-2 networks are growing rapidly, helping to support Ethereum even as base layer usage weakens and traders remain cautious.Read more Ethereum’s base layer demand softened in November, but ETH’s underlying price supports and strong layer-2 growth show the network still has momentum despite a drop in fees and TVL. Key takeaways:Ethereum’s base layer activity has cooled, with fees and TVL dropping, showing slower demand despite the recent price recovery.Layer-2 networks are growing rapidly, helping to support Ethereum even as base layer usage weakens and traders remain cautious.Read more
Ethereum network sees 62% drop in fees: Is ETH price at risk?
Ethereum’s base layer demand softened in November, but ETH’s underlying price supports and strong layer-2 growth show the network still has momentum despite a drop in fees and TVL.
Key takeaways:
Ethereum’s base layer activity has cooled, with fees and TVL dropping, showing slower demand despite the recent price recovery.
Layer-2 networks are growing rapidly, helping to support Ethereum even as base layer usage weakens and traders remain cautious.
Read more
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