Ethereum Gas Fees Plunge to 5-Year Low Amid User Lull

The cost of transacting on the Ethereum (ETH) network, commonly known as gas fees, has experienced a significant drop, reaching its lowest levels in approximately five years. This dramatic decrease is largely attributed to a noticeable lull in network activity, indicating a period of reduced congestion on the popular blockchain. Analyzing the Decline in Ethereum … Continue reading “Ethereum Gas Fees Plunge to 5-Year Low Amid User Lull” The post Ethereum Gas Fees Plunge to 5-Year Low Amid User Lull appeared first on Cryptoknowmics-Crypto News and Media Platform .

Source: Cryptoknowmics