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Coin Edition 2023-05-19 14:45:00

NFT Marketplaces Diminish in Ethereum Gas Use Amid Fee Crisis

In a notable shift in Ethereum’s gas consumption patterns, Non-Fungible Tokens (NFTs) no longer reign as the top gas guzzlers on the network. Data from the crypto analytics platform Nansen revealed that last week, NFT marketplaces accounted for just over 3% of all gas consumption. In stark contrast, the decentralized exchange Uniswap used more than The post NFT Marketplaces Diminish in Ethereum Gas Use Amid Fee Crisis appeared first on Coin Edition .

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