Ethereum Gas Fees Falls To Record Low, Price Consolidates Around $1,000
After reaching a level last seen in November 2020, the average Ethereum gas fee is now below $1. Ethereum Gas Fees Falls The Ethereum network experienced transaction fees as low as 69 cents on Saturday, which has not happened in the previous 19 months. The following day, gas prices reached $1.57 or 0.0015 ETH, which is equivalent to December 2020’s numbers. Transaction costs on the network today ranged from 20 cents to merely 20 cents, with 20 cents being the highest. Gas prices in the Ethereum ecosystem ranged from $0.01 to $0.10 from July 2016 to May 2017. Users are now assessed a....
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