Ethereum network transaction fees drop to 4-month low

Time:2022-02-14 07:30 Source:Internet Copy share

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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