TechFlow reports, according to analysts from on-chain and off-chain metrics intelligence platform Santiment, despite the rising price of Ethereum, gas fees on the Ethereum network have dropped to a six-month low, which could signal an upcoming altcoin rally.
Santiment explained that trader sentiment tends to peak at market tops and hit lows at market bottoms. In February this year, Ethereum's gas fees reached an eight-month high, and the current low fees may indicate increased Ethereum network activity in the near future, as well as the beginning of an altcoin rebound.
Add to Favorites
Share to Social Media
