From the average gas fee, to ETH burned, Monday Gwei covers it all.
This week,
- Top Ethereum News
- Top Layer 2 Solution
- Funding
- ETH stats that matter
Monday Gwei is a weekly account of what is happening in the Ethereum ecosystem.

Top Ethereum News By Monday Gwei
- Ronin Network Partners with Transak to Simplify Fiat-to-Crypto and NFT Payments
- Compound Adds Ethena and Mantle Tokens to DeFi Lending Platform
- Crypto Bull Market Enters Final Stage, Caution Advised, Says CryptoQuant
- VanEck Warns Hyperliquid Must Attract Developers to Sustain $25B Market Cap
Top Layer 2 Solution
- Total Value Locked (TVL): Base leads with $3.4 B in TVL.
- Unique Active Wallets (UAW): Base continues dominance with 6 million active wallets.
- Fees Collected: Base sets a record with $2.8 million in weekly fees.
Funding Data
- Aligned Layer: Raises $1M to develop decentralized infrastructure and DeFi tools.

Source: Coingecko
This week, Ethereum experienced a volatile period, with prices fluctuating within a narrow range. The overall trend remains bearish, with the price closing slightly lower than the previous week. Trading volume remained relatively low, suggesting a lack of strong buying or selling pressure.
ETH stats that matter
- Gas Fee: Average transaction cost stands at $3.9.
- ETH Burned: Ethereum saw $16.6 million worth of ETH burned due to increased network activity.
- Revenue: Ethereum network revenue reached $18.1 million, showing robust ecosystem engagement.
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