What if the success of a blockchain was not determined by volatility and speculation.
20 Oct 2022, 18:11
What if the success of a blockchain was not determined by volatility and speculation?
What if demand for blockspace was not reliant on higher fees for users?
Few.
Keeping an eye on $eth fees relative to price.
Price / Fees (rolling 365 day average) will come down quickly if we keep up these network activity levels.
High fees = high demand for blockspace = highly profitable network = leading indicator to higher prices.