以太坊（ETH）每日交易費用降至2024年9月以來的最低水平

根據Token Terminal的數據，以太坊網絡上的每日交易費用已降至2024年9月以來的最低水平。

Ethereum network daily transaction fees have hit their lowest since September 2024, a new Token Terminal data analysis shows.

一項新的令牌終端數據分析顯示，以太坊網絡每日交易費用已達到最低水平。

The network generated $731,472 in daily fees on Feb. 8, marking the first time in five months that daily revenue dropped below $1 million. The last time this occurred was in November 2020.

該網絡在2月8日的每日費用上產生了731,472美元，這是五個月來第一次，每日收入降至100萬美元以下。這次發生是在2020年11月。

The network experienced a similar slump from Aug. 17 to Sept. 8, 2024, when it also failed to surpass the $1 million threshold in multiple days.

從8月17日至2024年9月8日，該網絡也經歷了類似的低迷，當時該網絡也未能在數天內超過100萬美元的門檻。

The network’s native cryptocurrency, Ether (ETH), has also disappointed investors over the past year, failing to reach new highs alongside Bitcoin despite the approval of spot exchange-traded funds (ETFs) in major markets like the US and Hong Kong.

該網絡的本地加密貨幣Ether（ETH）在過去一年中也令投資者感到失望，儘管在美國和香港等主要市場中獲得了現貨交易所買賣基金（ETF）的批准，但仍未與比特幣達到新高。

Several factors have contributed to the downturn in Ethereum network activity and revenue.

幾個因素導致以太坊網絡活動和收入的低迷。

One key factor is the network's rising supply. Since April 2024, Ethereum’s supply has been steadily increasing, reversing the deflationary period introduced by the Merge in September 2022. Ethereum’s total supply has now surpassed pre-Merge levels.

一個關鍵因素是該網絡的供應量增加。自2024年4月以來，以太坊的供應一直在穩步增加，扭轉了合併於2022年9月提出的通縮期。

The Merge eliminated Ethereum’s mining-based issuance, which had a high supply inflation rate. Ethereum also implemented the London hard fork in August 2021, which introduced a mechanism that burns a portion of transaction fees. When network activity is high, burned ETH can surpass newly issued ETH, making the asset deflationary.

合併消除了以太坊基於採礦的發行，該發行率很高。以太坊還於2021年8月實施了倫敦硬叉，該貨物引入了一種燃燒一部分交易費用的機制。當網絡活動較高時，燒傷的ETH可以超過新發行的ETH，從而使資產通縮。

Another factor is the growth of layer-2 networks, which are designed to reduce congestion and fees on the Ethereum mainchain. While this strategy has been effective in reducing onchain activity, it has also shifted activity away from the main blockchain.

另一個因素是2層網絡的增長，旨在減少以太坊主鏈的擁塞和費用。儘管該策略已有效地減少鍊鍊活性，但它也將活動從主要區塊鏈轉移了。

Furthermore, layer-2 networks still face interoperability issues, which has raised concerns about a fragmented Ethereum ecosystem.

此外，第2層網絡仍然面臨互操作性問題，這引起了人們對零散的以太坊生態系統的擔憂。

Meanwhile, competitors have been gaining ground in specific areas. Tron is emerging as a preferred network for stablecoin transactions, while Solana is rising as a DeFi hub, especially within the memecoin market. Both networks have edged Ethereum in total fees generated over the past three months, Token Terminal data shows.

同時，競爭對手在特定領域已經取得了基礎。 Tron正在成為用於Stablecoin交易的首選網絡，而Solana則是Defi Hub，尤其是在Memecoin市場中。令牌終端數據顯示，這兩個網絡在過去三個月中產生的總費用都削弱了以太坊。

Beyond onchain factors, internal conflicts within the Ethereum Foundation have also cast uncertainty over the network.

除了Onchain因素之外，以太坊基金會內的內部衝突也對網絡產生了不確定性。

In January, Ethereum co-founder Vitalik Buterin took sole authority of the Ethereum Foundation’s leadership amid criticism of executive director Aya Miyaguchi and conflict-of-interest concerns over researchers’ paid advisory roles at EigenLayer.

一月份，以太坊聯合創始人Vitalik Buterin在對執行董事Aya Miyaguchi的批評和對研究人員在Eigenlayer的付費諮詢角色的批評中掌管了以太坊基金會的領導地位。

However, Ethereum bulls seem unfazed by the concerns. Accumulation addresses scooped up 330,705 ETH ($833 million) on Feb. 7, the largest single-day inflow ever recorded, according to CryptoQuant.

但是，以太坊公牛似乎對這些擔憂並不感到困擾。據CryptoFuntoant稱，累積地址為2月7日，佔有330,705 ETH（8.33億美元），這是有史以來最大的單日流入。