Gas fees fall below 1 Gwei on Ethereum, raising concerns about inflation in the crypto network!
On June 30, 2024, a historic turning point was reached for Ethereum: the network recorded its lowest gas fees since 2016, news that reverberates like an earthquake in the crypto ecosystem. This unexpected phenomenon comes in a context of high transactional activity, redefining the economic dynamics of the world's second-largest blockchain. Why this dramatic drop in gas fees and what are the implications for the future of Ethereum and the crypto sector as a whole?
Europe is on the verge of disrupting the global energy balance. Seeking to end its dependence on Russian gas, it is turning to the United States and Norway to meet its energy needs. This strategic decision, motivated by geopolitical and economic considerations, could redefine international relations and profoundly affect the BRICS alliance, of which Russia is a key member. In a context where energy issues are more crucial than ever, the evolution of this situation deserves particular attention.
Ethereum shows spectacular growth in the first quarter of 2024, tripling its profits and earning $1.2 billion in revenue from transaction fees. The network appears to be thriving despite high usage costs for crypto users.
Driven by decarbonization and electronics, Air Liquide has doubled its growth targets. Its stock price is up by +8%!