Ethereum Revenue Falls 44% in August Despite Record ETH Prices

September 8, 2025

Ethereum’s on-chain revenue dropped sharply in August, even as ETH surged to new all-time highs. Key Takeaways: Ethereum revenue fell 44% in August despite ETH hitting a record high of $4,957. Network fees dropped 20%, largely due to lower costs from the Dencun upgrade. Institutional interest remains strong, with Etherealize … 

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