Ethereum: Assessing reasons behind decline in daily revenue on network

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Ethereum: Assessing reasons behind decline in daily revenue on network
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Ethereum [ETH]: Assessing reasons behind decline in daily revenue on network

revealed. This can be primarily attributed to the movement of transactions. These were previously executed on mainnet Ethereum to Layer 2 scaling solutions .

Although offering benefits, in what ways have the activities of L2s affected the Ethereum network since the beginning of the year?Apart from the decline in total fees paid to use the Ethereum network daily, the average fees paid per transaction has also declined significantly.

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