Ethereum Fees Collapse as Tron and Solana Gain Ground
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Ethereum’s weekly network fees just hit a three-year low, dropping 49% amid slumping DEX activity.
DEX volumes fell to $13.4B from August’s $36.2B peak, showing users are simply not spending on-chain.Meanwhile, Tron and Solana saw 9% fee growth, hinting at shifting activity across alternative ecosystems.
Even with the Fusaka upgrade on the horizon, weakened demand for decentralized applications is weighing on ETH’s momentum. -
Spot strength is rising, but derivatives sentiment still looks skeptical.
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Lower fees are good, but chain migration shows users chasing faster alternatives.