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TechFlow reported on February 14 that, according to on-chain data analyst IntoTheBlock, Ethereum network transaction fees have dropped by over 70% this week following the implementation of a gas limit increase, significantly reducing network transaction costs.
According to on-chain data analyst IntoTheBlock, due to the recent increase in Ethereum's gas limit, this week saw a more than 70% drop in Ethereum network transaction fees, significantly reducing the cost of network transactions.
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