Ethereum network usage measures the extent and intensity of activity on the Ethereum blockchain, reflecting the demand for its computational resources. Key indicators include the number of daily transactions, active addresses, gas consumption, and the volume of smart contract interactions. High usage often implies robust network demand and utility.
Context
Ethereum network usage is a primary indicator for assessing the vitality and adoption of decentralized applications and digital assets built on the platform. Fluctuations in usage directly impact transaction fees and network congestion, which are frequent topics in crypto news. Understanding these trends helps interpret the overall health and growth trajectory of the Ethereum ecosystem.
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