Newsletter • 7 months ago

IoTeX Network Sees Surge in Transaction Fees and Rewards in Q4 2023

IoTeX

Summary

IoTeX witnessed a surge in network transaction fees in Q4 2023, surpassing $212,000, fueled by increased transaction activity.
Although rewards to validators were lower, the rewards in USD increased by 62% to $1.3 million due to the exchange rate.
Staking participation on the IoTeX Network reached a record high, with 100 active validators staking a total of 3.6 billion IOTX.

Source: https://messari.io/newsletter

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