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Tether Is To Blame For Ethereum’s High Fees: Analyst Opinion

Ethereum fees hit new peak levels recently and according to analysts, Tether is to blame. In our latest tether news today we read more about the Glassnode analysis. Some analysts from Glassnode created a chart showing how the Ethereum fees have hit a new all-time high with major names such as Tether and Uniswap leading the spending. The analysis shows that the ETH gas spending reached a new all-time high and USDT transfers make up to 14% of all gas spending. According to the new analysis from the blockchain intelligence company Glassnode, the source of the skyrocketing fees resulting in…

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