The average commission on Bitcoin network increased by 752%

by in Cryptocurrency News

Bitcoin commission

The average commission on the Bitcoin network has increased by 752%, according to blockchain reviewer

Related: The average size of commissions in the Bitcoin network fell

On July 28, sending a bitcoin transaction cost $5.8. A month ago, this indicator was at $0.68. The maximum commission in the network of the first cryptocurrency was in December 2017 - $55.

The commission on the Ethereum network on July 28 increased by 280% compared to the data of the previous month - from $0.5 to $1.9.

Previously, analysts linked the growth in the volume of transactions in the Ethereum network with the manifestation of the "protective properties" of stablecoins after the March market collapse and the growing popularity of the DeFi sector.

Due to the growth of fees, the income of ETH miners increased by 60% - to $3.4.