Ethereum’s transaction fee sets a new record, the L2s can’t keep calm

Ethereum, the largest altcoin underwent the much-anticipated Merge that saw it transition into a Proof-of-Stake (PoS) consensus. Well, the mechanism has changed, but ETH continues to give mixed signals to traders. Two sides of the same coin Despite being one of the most prominent blockchains, Ethereum’s biggest drawback was its extraordinarily high transaction costs. Consider […]