Ethereum network fees have fallen to their lowest levels this year as the crypto markets continue to consolidate.
One of the few advantages of a down-trending market is a decline in demand for Ethereum and the resultant drop in gas fees.
According to BitInfoCharts, the average transaction fee on the Ethereum network has fallen to $3.70 — its lowest level since the end of December 2020.
The gas slump comes less than a month after average fees for transactions hit an all-time high of $70. This…
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