On-chain data shows the Ethereum transaction fees is now at its lowest since October 2023. Here’s what it could mean for the cryptocurrency.
On-chain data shows that Ethereum transaction fees have dropped to their lowest level since January, a sign that a bottom could be close.
On-chain data shows that Bitcoin has flipped Ethereum in another metric, as the transaction fees paid on the BTC network are now higher than those
On-chain data shows the average transaction fees on the Ethereum network have hit a 4-month high as user activity has spiked.
Data shows that the last time the Ethereum transaction fees dipped towards lows this deep, the cryptocurrency’s price reached its bottom.
On-chain data shows the average Ethereum transaction fee has recently dropped to $1.15, which is a new low for the year 2023 so far.
