Ethereum fees drop to 4-month low

Average transaction fees on the Ethereum network have fallen to their lowest level in four months. Transactions on Ethereum are cheaper today than in mid-January 2022, when the average transaction fee on Ethereum was around $52.46 per transfer. Today, statistics show that each transaction will cost 0.0052 ETH (~$15.13), which is 71.15% lower than the average transaction fee of $52.46 recorded on January 10, 2022.