According to recent data, Ethereum's on-chain fees continue to remain surprisingly low, with an average transaction cost of just 0.00029 ETH ($0.743) this weekend. Etherscan reports that even high-priority fees are below 1 gwei, at around 0.972 gwei at press time.
Corresponding to the performance of low gas fees, ultrasound.money data shows that the issuance rate of Ethereum is currently in an inflationary state, at 0.734% per year.
Low Gas Fees Keep Ethereum's Issuance Rate Currently Inflationary
2024-08-31 19:56:04
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