The onchain economy has reached a valuation of $20 billion, driven by fees that suggest genuine market demand. This growth reflects a significant interest in blockchain technology and its applications. As transaction fees rise, they signal that users are actively engaging with onchain services, indicating a robust ecosystem. The increase in fees can be interpreted as a positive sign, showcasing the willingness of participants to invest in and utilize these digital platforms. This development highlights the evolving landscape of the onchain economy and its potential for future expansion.
