Coinbase: Ethereum transaction fees surge as blockchain activity ramps up

Ethereum transaction fees have surged in the past week due to a significant uptick in on-chain activity across the blockchain, according to Coinbase.Meanwhile, ether has broken above its relative strength index (RSI) downtrend line that began at March’s multi-year high of over $4,000, signaling a potential bullish shift in momentum, Kraken analysts reported.