Ethereum Gas Fees Are Currently 62% Cheaper Than Last Month

Ethereum Gas Fees Are Currently 62% Cheaper Than Last Month

Since November 9, 2021, or 46 days ago, transaction fees on the Ethereum network have been cut by more than half the rate they were on that day. At the time, the average fee to move ethereum was $62.84 per transfer and since then, the fees have dropped 62.85% to $23.34 per transaction. From $62 to $23 per Transaction, Ethereum Fees Have Been Cut by More Than 62% Just over a month ago, it was a lot more expensive to transfer ethereum (ETH) onchain, let alone move an ERC20 token, swap tokens, or interact with a smart contract. On December 25, metrics show the average fee spent on....


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