Gas Prices and Deposit/Borrow Amounts

The borrow graph is going to show you how borrowing has been affected by the increase in gas prices. You might assume that the amount borrowed would drop, however, this is not the case. The gas prices have increased because the volume of transactions have drastically increased and there is only so much to go around. It is a simple supply and demand problem. It also makes sense because the valuation of many crypto currencies have been on the rise, so more people have been trying to get into the market. The deposit graph is going to show you something similar as well. Although there are some negatives, which can be seen by scrolling through the data, it is overwhelmingly positive, which is not a surprise either. As stated before the market has been steadily on the rise and just like any other stock as it increases, people will invest into them. Some might assume that the increasing gas prices would be a deterrent to entering the market, but because of the high possibility for rewards it is starting to be seen as a very lucrative market. It is important to also point out how similar the graphs are. The amount of activity that is going on increases when people are borrowing and depositing which is influencing the price and overall increase in value of the crypto currency world.