Cryptofees.info

According to reports, according to Cryptofees.info data, in the past 24 hours, Ethereum’s online fee revenue has been $4007471.13, Uniswap’s online fee revenue has been $2061422.92, SushiSwap’s online fee revenue has been $1153738.23, Bitcoin’s online fee revenue has been $923585.52, BSC’s online fee revenue has been $612204.38, and GMX’s online fee revenue has been $473056.27. Over the past 24 hours, Bitcoin’s on-chain service fee revenue exceeded $900000 Analysis based on this information:The message reports on the online fee revenue of popular cryptocurrencies in the past 24 hours, as per the data provided by Cryptofees.info. These revenues are generated through transaction fees paid by users on their respective blockchain networks. Ethereum, the second-largest cryptocurrency by market capitalization, has earned the highest online fee revenue of $4,007,471.13 in the past 24 hours. This can largely be attributed to the high usage of the Ethereum network for decentralized finance (DeFi) applications, such as lending, borrowing, and trading. The network faces congestion issues due…