Ethereum (ETH), Solana (SOL), Avalanche (AVAX) Networks Experience Increased Activity Despite Declining Token Prices
Large blockchain networks including Ethereum (ETH), Solana (SOL), and Avalanche (AVAX) have recorded notable increases in on-chain activity and reductions in transaction costs over the past year, even as the prices of their native tokens experienced substantial declines. This divergence between market prices and underlying network fundamentals was highlighted in Bitwise’s inaugural quarterly staking report…