Ethereum Network Fees Continue to Drop — Transfer Fees Hit Lowest Rate in 6 Months – Altcoins Bitcoin News

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Ethereum Network Fees Continue to Drop — Transfer Fees Hit Lowest Rate in 6 Months – Altcoins Bitcoin News
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It’s a lot less expensive to transact with the ethereum, as average size fees are down to 0.0039 ETH or $10.26 per transfer.

It’s getting cheaper to send ethereum these days as the gas price to push a transaction is more than 80% less expensive than it was to transact with ether 48 days ago on January 10.

On that day, Ethereum network fees were around $52 per transaction and today, the average transaction fee is $10.26 per transfer. While on-chain fees are cheaper, layer two transactions have followed suit dropping significantly during the last seven days.

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