Ethereum transaction fees have slipped nearly 94% over the past 68 days.
As with Bitcoin onchain payments, transaction costs on the Ethereum network have been dropping significantly recently. Over the past 68 days, since March 5, 2024, Ethereum's network fee has decreased by 93.7%, from $30.33 per transaction to $1.91 per transaction. Ethereum Payments Breakdown: A 68-day overview of transactions on the Ethereum blockchain. […]
