Ethereum fees nearly double as 24-hour trading volume tops $50B
Gan Woon
Ethereum
3 years ago
1 QCP
https://cointelegraph.com/news/ether-fees-nearly-double-as-24-hour-trading-volume-tops-50b
Ethereum network fees continue to climb, with the average value topping out at $17.43 per transaction, according to data from YCharts. As previously reported by Cointelegraph, average fees were at about $10.20 on Monday.
The $17.43 per transaction constitutes an all-time high in average Ethereum fees, beating the previous record of $12.54 back in September during the height of decentralized finance mania. As of press time, Ethereum transaction fees have declined significantly, with a median fee of $1.63, based on data from Etherscan, ETH Gas Station and Gas Now.
Ethereum network fees continue to climb, with the average value topping out at $17.43 per transaction, according to data from YCharts. As previously reported by Cointelegraph, average fees were at about $10.20 on Monday.
The $17.43 per transaction constitutes an all-time high in average Ethereum fees, beating the previous record of $12.54 back in September during the height of decentralized finance mania. As of press time, Ethereum transaction fees have declined significantly, with a median fee of $1.63, based on data from Etherscan, ETH Gas Station and Gas Now.
- Ethereum
- ETH
- Crypto fees
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