Ethereum Transaction Fees Slide Nearly 94% Over the Past 68 Days

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Ethereum Transaction Fees Slide Nearly 94% Over the Past 68 Days

   Blockchain crypto Cryptocurrency EIP 1559 Ethereum Network Security Proof-of-Stake Transaction Fees    May 12, 2024  |  0

Ethereum Transaction Fees Slide Nearly 94% Over the Past 50 DaysSimilar to Bitcoin’s onchain fees, the cost of transacting on the Ethereum network has recently seen a significant decline. Over the previous 68 days, since March 5, 2024, Ethereum’s network fees have fallen by 93.7%, from $30.33 per transfer to $1.91 per transaction. Declining Ethereum Fees: A 68-Day Overview Transacting on the Ethereum blockchain has […]  Read more »
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