Gas fees or transaction costs on the Ethereum blockchain have dropped significantly over the past month.
According to The Block’s Data Dashboard, the average transaction fee on Ethereum is now around $4.5 from nearly $45 a month ago — a whopping 90% decline.
The average transaction fees are now at a six-month low, per the Data Dashboard. (The data is a 7-day moving average (7MDA), meaning it is the average of the last seven days and indicates a short-term trend).
So why have the gas fees…
Source link
