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Nalezeno "blockchain fees": 9

Report: L1 Blockchains Experience Slowdown in 2024 Amid Declining Activity


Layer one (L1) blockchain networks, including Ethereum, Solana, and Bitcoin, have experienced a significant reduction in onchain and market activity in 2024. Researchers Tanay Ved and Matías Andrade from Coin Metrics highlight the challenges these networks face as total fees and token performance...

Bitcoin Mining Squeeze: July Revenue Hits Lowest Monthly Intake of the Year


In July, bitcoin miners earned $951.11 million, marking the lowest monthly revenue of the year. Out of this total, $24.9 million was generated from transaction fees, reflecting a trend of low onchain fees. July Bitcoin Mining Revenue Plummets to a 2024 Low The month was particularly challenging...

ApeCoin Community Narrowly Wins Vote to Stay on Ethereum


  The majority of apecoin (APE) holders have voted in favor of a proposal that the token remains on the Ethereum (ETH) blockchain despite its high transaction fees. The final results, which come after a six-day voting period that started on June 3, reveal that 53.62% of ApeCoin token holders...

ApeCoin Whales Vote Against Proposal to Stay on Ethereum


  Several apecoin (APE) whales have voted against the proposal by the ApeCoin decentralized autonomous organization (DAO) that suggested staying on Ethereum (ETH), giving the majority support to migrating to another chain - at least for now. Dubbed ApeCoin Improvement Proposal (AIP) 41,...

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