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  "path": "/the-next-bitcoin-drawdown-will-expose-which-crypto-fees-are-real/",
  "publishedAt": "2026-04-19T19:35:20.000Z",
  "site": "https://cryptoslate.com",
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    "Crypto traders spend $9.7B on fees as the next Bitcoin drawdown will expose which on-chain costs are real",
    "CryptoSlate"
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  "textContent": "Users paid $9.7 billion in on-chain fees in the first half of 2025, up 41% year over year and the second-highest total on record. 1kx projects more than $32 billion in on-chain fees for 2026, driven by accelerating application growth. That growth has pushed the word “revenue” into every crypto investor pitch deck, every sector […]\n\nThe post Crypto traders spend $9.7B on fees as the next Bitcoin drawdown will expose which on-chain costs are real appeared first on CryptoSlate.",
  "title": "Crypto traders spend $9.7B on fees as the next Bitcoin drawdown will expose which on-chain costs are real"
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