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

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Ethereum Transaction Fees Hit a 10-Month Low as Gas Costs per Transfer Sink Below $3 – Altcoins Bitcoin News
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The average Ethereum network fee has dropped to the lowest value in over ten months after fees hit a low of $2.96 per transaction on Sunday.

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 . 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 median-sized ethereum transaction fee on May 29 is around 0.00086 ether or $1.56 per transfer.Ethereum network fees are the cheapest they have been in over ten months and around 12 p.m. on Sunday, the average

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