I think we've definitely made progress in lowering fees on Bitcoin. If you go to the bitcoininfocharts service, we will see that the average commission at the moment is ($6.59) 46.7 sats/vB. Most recently, in December 2023, the commission reached $40 per transaction. I think the success in lowering fees is due to some waning interest in Bitcoin following the approval of spot ETFs. In addition, the media constantly discusses the issue of the onset of the altseason. We know that Grayscale is draining its bitcoins. And the overall focus is shifting from Bitcoin to Ethereum and the expected approval of a spot Ethereum ETF in the first quarter of 2024. I believe this is where progress has been made in lowering fees.
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