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Other DeFi-focused networks are surging as Ethereum congestion narrative spurs up Other DeFi-focused networks are surging as Ethereum congestion narrative spurs up

Other DeFi-focused networks are surging as Ethereum congestion narrative spurs up

Ethereum has been facing extreme network congestion once again, which has been made worse by the cryptocurrency’s rapidly increasing price.

Other DeFi-focused networks are surging as Ethereum congestion narrative spurs up

Cover art/illustration via CryptoSlate

Ethereum has been facing extreme network congestion once again, which has been made worse by the cryptocurrency’s rapidly increasing price.

At one point over the past week, it cost over $100 to trade on Uniswap, which caused even larger playersโ€”some that you could call “whales”โ€”to lament about the extremely high transaction fees.

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