Ethereum has been the second largest cryptocurrency for a while now and for good reason. Many hundreds of cryptocurrencies use the Ethereum blockchain provide the technical foundation for their tokens, more so than any other blockchain. For this reason, we’re seeing the number of transactions consistently into the hundreds of thousands, some days the number breaks the million threshold.
One of the difficulties is the the blockchain often gets over-saturated and the fees start to rise exponentially, such as when CryptoKitties was all the rage. For the last several days now the fees have been low and it’s been a huge savings for people who interact with smart contracts and send transactions often! I hope this continues the way that it does for the good of Ethereum enthusiasts and the whole ERC-20 ecosystem.
