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fee News and Articles



ETH

Ethereum network fees have fallen by over 80% since the start of January

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Since the start of January 2022, fees on the Ethereum network have fallen by more than 80%. The average transaction processing fee is now $10.2, up from $52 at the beginning of the year. The decrease in commissions has been observed over the past seven days. On February 27, average network fees...

Ethereum

Ethereum fees have been falling over the past few days

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In early November, the average commission on the Ethereum network was more than $ 55, the highest in two months. However, already last week, despite the rally in Ether (ETH), fees began to decline rapidly. According to the BitinfoCharts platform, the online commission is now around $ 36. The drop...

Ethereum

High Ethereum fees are driving users to leave to other blockchains

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Ethereum transaction fees have started to rise since August 22nd. Last Friday, August 27, the average commission on the blockchain reached $ 38.3 - this is the highest value since May 2021. Ethereum fees have continued to climb despite recent updates from London and EIP-1559. Since mid-August, the...

Bitcoin

The average commission on the bitcoin network fell below $4

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The weakening of transaction activity on the bitcoin network has led to a sharp drop in average fees. The operating fee is currently $ 3.92, according to BitinfoCharts. Note that in the second half of April, the commission reached $ 62.77. Below $4 Bitcoin fees were at the end of December last...

Ethereum

Ethereum fees fell by almost 90% in a month

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The largest altcoin ether (ETH) is trading at $ 2,528 in the middle of this week. The coin has been stagnating since the beginning of June. But fees for processing transactions on the Ethereum network in monthly terms fell by almost 90%. If in mid-May the average commission was $ 45, now it does...

Ethereum

Ethereum transaction fees raised reaching their peak

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The fees of transactions on the Ethereum platform have achieved an unprecedented hourly record lately. The increase in fee prices started in summer as a result of the extension in activities on decentralized exchanges (DEXs) and different structures that cover the DeFi space. At the moment, average...

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