Blockchain network usage has fallen across most major ecosystems as the bear market deepens, but Ethereum still outshines its competitors in terms of revenues.
Crypto network fees and revenue are good indicators of the state of markets. In bull markets, demand is high, and fees and revenue increase, however, the opposite occurs when the bears have control of things.
This pattern has been observed by the founder of Crypto Pragmatist, Jack Niewold, on June 7, who revealed why he thinks Ethereum remains the king of the crop.— Jack Niewold With network fees in mind, Ethereum became unusable for the average person in
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