Ethereum Transfer Costs Continue to Slide — Network Fees Tap a 19-Month Low – Altcoins Bitcoin News

United States News News

Ethereum Transfer Costs Continue to Slide — Network Fees Tap a 19-Month Low – Altcoins Bitcoin News
United States Latest News,United States Headlines
  • 📰 BTCTN
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Ethereum transaction fees tapped a low not seen since November 2020 as the average network fee dropped to 0.0016 ether or $1.67 per transfer.

Average ethereum fees via bitinfocharts.com on July 2, 2022.’s gas tracker shows the highest Ethereum network fee slipped as low as 32 gwei or $0.69 per high priority transfer. Etherscan.io’s data indicates an Opensea sale will cost $5.05 for the transaction, a Uniswap trade is $6.10, and to forward an ERC20 like tether it’s $1.79 per transaction at the time of writing.indicate that a median-sized transaction fee is 0.00065 ether or $0.695 per transaction.

Given the fact that average and median-sized network fees on Ethereum are much lower than they have been in 596 days, layer-two transaction fees are less expensive as well.data shows that a Loopring transaction is less than a U.S. penny, Zksync transfers cost ​​$0.01, and Metis Network is also ​​$0.01 to send a transaction. Optimism costs $0.03 on Saturday, Boba Network is around $0.06, and Arbitrum fees are $0.10 per transaction. Polygon Hermez costs $0.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BTCTN /  🏆 531. in US

United States Latest News, United States Headlines



Render Time: 2025-02-23 17:06:32