Ethereum Transaction Fees Hit a 10-Month Low as Gas Costs per Transfer Sink Below $3 – Altcoins Bitcoin News

The average Ethereum network fee has dropped to the lowest value recorded in over ten months, after fees hit a low of $2.96 per transaction on Sunday afternoon (ET). The last time ethereum transfer fees dropped below the $3 mark was last year on July 11, 2021. Moreover, median fees are even cheaper, as the … Read more

L1 Ethereum Network Fees Drop to Levels Not Seen in Over 2 Months, L2 Fees Follow – Altcoins Bitcoin News

Ethereum network fees have dropped a great deal this week, sliding under $10 per transaction to levels not seen since March 10, 2022. On May 17, the average ethereum transfer fee is 0.0027 ether or $5.68 per transaction. The cheaper fees on layer one (L1) have made it so layer two (L2) fees have been … Read more