Ethereum (ETH) gas consumption trends paint a picture of what sectors of the crypto market have been expanding, according to the analytics firm Glassnode. In a new analysis, Glassnode says non-fungible tokens (NFTs) now represent 30% of Ethereum’s gas consumption dominance, far outweighing decentralized finance (DeFi). “Through observation of Ethereum network usage, we can identify […]The post Ethereum (ETH) Gas Consumption Trends Hint at Expansion of One Crypto Sector, According to Analytics Firm appeared first on The Daily Hodl.
