Ethereum average gas fee falls down to $1.57, the lowest since 2020

by Aurelia Butler 3 July 2022, 09:20 119 Views

The average transaction fee on the Ethereum blockchain fell down to 0.0015 ETH or $1.57 — a number previously seen in December 2020. However, starting in January 2021, Ethereum’s gas fees surged owing to the hype around nonfungible tokens (NFT), decentralized finance (DeFi) and a promising bull market.

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Ethereum average gas fee falls down to $1.57, the lowest since 2020

The decoupling manifesto: Mapping the next phase of the crypto journey

NFT hype evidently dead as daily sales in June 2022 dip to one-year lows

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