UST Stablecoin Crypto News

Transaction Fees on Ethereum Have Dropped to a 10-Month Low: Report

The average Ethereum network fee has reduced to the lowest value recorded in over ten months. The fees hit a low of $2.96 per transaction on Sunday afternoon (ET). In addition to this, median-sized gas costs have dropped a great deal this week as well. On March 8, 2022, the median-sized ether fee was 0.0014 ETH or $3.73 per transfer, and today it’s 0.00086 ether or $1.56.