Polygon leads in EVM efficiency as DeFi users favor low transaction costsDeFi activity analysis finds side chain solutions like Polygon more cost-effective, although Ethereum secures most transaction fees.Happy α Sunday 💪⛓️🚀Our Sunday newsletter is dedicated to the recent content from CryptoSlate Alpha, the web3 membership designed to empower you with cutting-edge insights and expert knowledge. Built on top of Access Protocol, Alpha is incredibly easy to join — you only need a Solana self-custody wallet and a small amount of ACS tokens to stake, which will grant you access to all research and reports. For more information, see more about CryptoSlate Alpha. α Weekly ResearchPolygon leads in EVM efficiency as DeFi users favor low transaction costsDeFi activity analysis finds side chain solutions like Polygon more cost-effective, although Ethereum secures most transaction fees. High Bitcoin fees push active addresses down to 3-year lowA surge in Bitcoin fees post-halving challenges its role in everyday transactions. α Top Insights
More α ResearchBitcoin Runes made up 57.7% of transactions on halving dayRunes accounted for over half of Bitcoin's transactions on halving day, highlighting their significant yet controversial market impact. Bitcoin transaction fees surge to make up 75% of miner revenue post-halvingBitcoin's fourth halving drastically shifted miner revenue towards transaction fees, showing a potential future reliance on fees for blockchain sustainability. Stablecoin distribution reveals liquidity patterns in DeFiUnderstanding stablecoin distribution helps predict trends and bottlenecks in DeFi liquidity. |
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Polygon leads in EVM efficiency as DeFi users favor low transaction costs