Ethereum Fees Race Towards $10 Per Transaction

Ethereum Fees Race Towards $10 Per Transaction

The ethereum blockchain has become very expensive with network fees reaching all time high and by far, giving miners some $7 million a day, 7x more than for bitcoin miners.

Average transaction fees are now nearly double that of the very peak in January 2018, standing at $5.67 per transaction on average.

That was for yesterday, today they’ve increased further from 200 gwei to 300 gwei per simple transaction.


Share your thoughts, add a comment!

You must be logged in in order to place a comment.

Article comments

No comments yet, be the first to comment this article