Ethereum's Revenue Decline in Q2 2023: A Deep Dive and Future Prospects

07/20 19:15

Ethereum, a major player in the DeFi space, experienced a significant decline in network revenue and daily active addresses during Q2 2023, according to a Bankless report. The network's revenue dropped by 33.3% YoY, from $1.27 billion to $847 million, due to a decrease in transaction fees.
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