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Blur Airdrop and Coinbase Free NFT Mint Send Ethereum Gas Fee to Yearly High

The recent yearly high in gas fees recorded on the Ethereum network was triggered by the Blur airdrop rush and the ongoing free NFT mint connected to Coinbase’s layer-2 project, Base.  

“Ethereum hit another yearly high in fees, mostly thanks to the Blur incentives and Coinbase’s free NFT mint. This surge in fees indicates a rise in demand and activity on the network,” IntoTheBlock wrote. 

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