Analyst: Gas data indicates that the market's demand for Ethereum's global computing power is at an all-time high

It was previously reported that the USDT issuance has caused the Ethereum network to become blocked, and the transaction costs of the miners in the Ethereum network are beginning to rise. However, those who are optimistic about Ethereum actually regard high network utilization and transaction cost figures as good indicators. Chris Burniske, a cryptocurrency analyst and investor, recently said that the gas data indicates that "the market's demand for Ethereum's global computing power is at an all-time high."