Ethereum (CRYPTO: ETH) gas fees have dropped to uncharacteristically low levels in the last week despite the asset’s price surging to an all-time high of $4,762.
What Happened: According to data from Etherscan, the average transaction fee on the Ethereum network was $27.08, representing a decline of 11% in the last day.
On Tuesday of last week, average gas fees on Ethereum were as high as $56, meaning that in the last week, the average Ethereum transaction fee has declined by more than…
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