Ethereum Transaction Fees Hit 3 Month Low, Toncoin and Borroe.Finance Surge in Price

Ethereum transaction fees hit a 3-month low, but $ETH is still bullish. On the other hand, Toncoin ($TON) exploded after receiving approval from Telegram. Yet, Borroe.Finance ($ROE) still dominates the cryptocurrency market with remarkable profits despite being in its presale stage. Can Ethereum and Toncoin keep rising to compete with Borroe.Finance in the long term? Let’s find out.


Ethereum’s Transaction Fees Dropped Significantly, $ETH Bullish

According to a recent report by Glassnode Alerts, Ethereum ($ETH) has recently witnessed a decline in its daily gas consumption, reaching its lowest level in the past month.

The market data shows that Ethereum ($ETH) gas consumption has dropped to around 4.4 billion. At the time of this report, the total Ethereum ($ETH) gas consumption stood at approximately 107.6 billion, a drop from the previous level of over 107.9 billion.

According to data from Crypto Fees, Ethereum ($ETH) continues to lead in transaction fees, even as gas usage decreases. Nevertheless, a closer analysis reveals a recent decline in Ethereum’s ($ETH) transaction fees over the past few days.

The fee amounted to just over $2.4 million, and this drop in Ethereum ($ETH) fees seems to be an ongoing pattern. Notably, it was the lowest fee recorded on Ethereum’s ($ETH) network in over three months.

Analysts expect Ethereum ($ETH) to keep rising to end 2023 at $1,820, supported by increased investor demand.

Toncoin ($TON) Keeps Surging After Telegram Approval

Toncoin ($TON) experienced a surge in its value over the past three days after the native token of The Open Network got an endorsement by the Telegram messaging platform last week.

Investors are showing strong enthusiasm for Toncoin’s ($TON) future following the joint announcement by Telegram and the TON Foundation at the Token 2049 conference in Singapore on September 13, 2023. They unveiled a new self-custodial wallet named TON Space, which has generated considerable excitement and attracted more investors to Toncoin ($TON).

On September 14, Pavel Durov, the Telegram founder, officially endorsed TON as the preferred blockchain network for expanding web3 infrastructure on the platform. Thus, he also indirectly endorsed Toncoin ($TON) as a long-term investment.

Toncoin ($TON) responded positively to all the news. Analysts believe Toncoin ($TON) will continue rising to end the year at $3.05, supported by increased developments and adoption in its market. These massive gains have pushed experts to acknowledge that Toncoin ($TON) is a good crypto to buy currently.

Borroe.Finance ($ROE) Gains Popularity

Borroe.Finance ($ROE) is a Web 3 fundraising platform on Polygon that offers efficient invoice financing without traditional financing’s high costs and delays.


Borroe.Finance ($ROE) offers users seamless access to crypto and fiat payment solutions, simplifying business operations. Users can effortlessly secure loans based on their future revenue. Borroe.Finance’s ($ROE) blockchain technology guarantees enhanced security, cost-effectiveness, and broader access to specialized investors offering revenue financing opportunities.

Using Borroe.Finance ($ROE) offers several benefits, including exclusive discounts on fundraising offers, reduced marketplace fees and transaction costs.

Additionally, companies can enhance their fundraising requests by adding extra incentives to attract investors, all while potentially capitalizing on Borroe.Finance’s ($ROE) price appreciation opportunities.

With over 93.25 million $ROE tokens already sold during the presale, Borroe.Finance has garnered substantial attention and backing from the cryptocurrency community. Borroe.Finance ($ROE) appears to be a great crypto to buy now, accounting for the rising number of investors joining the project.

Borroe.Finance ($ROE) aspires to rank among the top DeFi projects, emphasizing its strong commitment to security. Currently, in Stage 2 of the presale, $ROE is valued at $0.0150. At the end of the presale, $ROE will trade at $0.0400.

Learn more about Borroe.Finance ($ROE) here:

Visit Borroe.Finance ($ROE) Presale | Join The Telegram Group | Follow Borroe on Twitter

Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

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Temitope Olatunji
Temitope Olatunji

Temitope is a seasoned writer with over four years of experience. He specializes in Web3 and FinTech topics and enjoys creating content in these areas. He holds both a bachelor's and master's degree in Linguistics. When not writing, he trades forex and plays video games.