The average transaction fees on the Ethereum (CRYPTO: ETH) have fallen to a seven-month low, according to recent on-chain data.
What Happened: A new report from blockchain analytics firm Arcane Research finds that the seven-day average for Ethereum transaction fees is at the lowest rate since August.
According to data from Y Charts, the average transaction fee fell to a low of $1.7 on Monday. The average ETH transaction fees are currently 82% lower than they were at the same…
Source link
