NFTs Account for 28% of Ethereum Gas Usage in January 2021
• NFTs accounted for 28% of the ETH gas usage in January. • The second, third, and fourth most significant shares of gas usage were Defi (8%), ERC20 (8%), and stablecoins (6%), respectively. • CryptoSlate analysts divided all transactions on the Ethereum (ETH) network into eight categories—Vanilla, ERC20, Stablecoins, DeFi, Bridges, NFTs, MEV Bots, and […]