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Analysis: Ethereum Average Daily Gas Fee and Daily Destruction Are Record Low
CryptoQuant analyst EgyHash said in a post that the average daily gas fee of Ethereum recently reached a record low of only 2.9 Gwei, and its average daily fee denominated in US dollars also hit a multi-year low of only $0.85. Therefore, the average daily destruction rate of Ethereum has also dropped to a historical low, with 115 ETH destroyed in a single day. Despite the sharp decrease in gas fees and efficiency, the average number of daily transactions on Ethereum was flat or lower than the sa...
2024-08-19 12:43:55
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