Ethereum, Solana and Avalanche get busier and cheaper even as token prices fall: Bitwise
AI Summary
Despite a sharp decline in token prices for Ethereum, Solana, and Avalanche, network activity on these blockchains has increased, and transaction costs have dropped significantly. This surge in usage suggests growing confidence and adoption even when crypto values are down. It's a positive sign for the scalability and efficiency of these networks, indicating they can sustain higher volumes without raising costs, which could attract more developers and users in the future.
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