In the past 3 weeks, Ethereum transaction fees (7-day moving average) have skyrocketed. The data shows that its fee was $3.52 on September 21, more than triple the $0.85 on September 1. The recovery in transaction fees has also increased the destruction rate of Ethereum, which increased from 80.27 ETH on September 1 to 1,360 ETH on September 21, an increase of 1600% in three weeks.
Despite the surge in transaction fees and destruction volumes, active accounts on the Ethereum network (7-day moving average) have plummeted to their lowest value so far this year, down 11% from the beginning of the month. There are currently around 385,000 active accounts on the network, the lowest value since December 1, 2023.
In the past three weeks, Ethereum network fees and ETH destruction have surged, and the number of active accounts has fallen to a low point for the year
2024-09-23 03:36:58
Week Ethereum Transaction Fees Daily Shift Moving Average Soaring Data Displaydesk3cryptocurrencydesktopCrypto News
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