Ethereum network transaction fees drop to 4-month low

time:2022-02-14 07:30 source:Internet

On February 14, the average transaction fee on the Ethereum network has dropped to its 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. Now, 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. Among them, the minimum transfer fee for L2 is US$0.19 per transfer, and 5 of the 6 L2 platform fees are lower than US$1.

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