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Alchemy CEO Says DeFi’s $8 Billion Growth Is At Risk Of Gas Fees

Alchemy CEO says that the latest DeFi $8 billion growth is at huge risk of gas fees with the Ethereum network getting congested and netting miners over $500,000 per hour. Defi could be suffering from the latest success as we are reading further in our Ethereum latest news. DeFi bloated gas transaction fees on Ethereum which would challenge the growth of the industry as the solutions include optimized smart contracts and bundled transactions. ETH 2.0 could help address the scaling issues. Right now, the decentralized finance space is gaining traction with more than $8 billion in total value locked and…

Continue Reading Alchemy CEO Says DeFi’s $8 Billion Growth Is At Risk Of Gas Fees

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