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BSCN·2025-09-08 04:30
ETHEREUM REVENUE PLUNGES 44% DESPITE RECORD PRICE SURGE- Ethereum’s financial engine stalled in August even as ETH soared to new highs.- Revenue from token burns — the share of network fees accruing to Ether holders, fell 44%, dropping to $14.1M from July’s $25.6M, according to Token Terminal.- The pullback came as ETH rallied 240% since April and hit an all-time high of $4,957 on Aug. 24.- Network fees also slid 20% month-over-month, down to $39.7M. Analysts point to Ethereum’s Dencun upgrade, which slashe ...