Several developments are unfolding in the cryptocurrency world. First, Ethereum’s transaction fees have hit an eight-month low in August, which may be a positive sign for the network’s future. Second is the positive outlook for both Polygon ($MATIC) and Borroe.Finance ($ROE), which have emerged as standout choices for heavyweight investors seeking the best cryptos to invest in. Let’s take a closer look at each of these developments.
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Ethereum Transaction Fees’ Recent Dip
Ethereum, one of the leading platforms for blockchain-based applications, has long been plagued by high transaction fees due to its proof-of-work (PoW) consensus mechanism. However, recent data indicates a positive shift in August, with fees hitting their lowest point in eight months. This development could have notable implications not only for the platform but for the broader cryptocurrency ecosystem.
The decline in Ethereum transaction or gas fees is likely due to several f

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