According to bitinfocharts, transactions on the Ethereum blockchain became even cheaper this week, with the current average cost being around 0.00065 ETH, or $1.91 per transaction. Additionally, the current cost of ETH transfers is between 4 and 7 gwei, or $0.18 to $0.37 per transfer. In the last 68 days since March 5, 2024, Ethereum's network fees have decreased by 93.7%, from $30.33 per transfer to $1.91 per transaction.
In addition, the cost of doing a dex interaction on Ethereum this weekend is estimated at $4.16 and $7.28, while the cost of doing an NFT sale could be $7.03 to $12.31. In the past 50 days, the average daily transaction volume on Ethereum has just exceeded 1 million transactions.
Ethereum transaction fees have declined by nearly 94% in the past 68 days.
2024-05-13 01:29:16
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