Cryptory.net - In the last 5 days, Avalanche users have spent millions of dollars in transaction fees to mint and move Inscriptions-based tokens and NFTs.
Cryptory.net - According to Bloomberg's crypto analyst Jamie Coutts, two blockchains have emerged as frontrunners in smart contract and Proof-of-Stake (PoS) blockchains. They have dominated transaction fees in the past year, leaving their competition behind.
According to data recorded on the blockchain, a Bitcoin user paid an astonishing 19 BTC, equivalent to approximately $510,000, in transaction fees for transferring a meager 0.074 BTC, valued at less than $2,000, on September 10th.
