Ethereum transaction fees climbed 219% in the past three weeks
In the past three weeks, the transaction cost of Bitcoin has sharply increased, reaching a peak of $15 per transaction three days ago. Similarly, the transfer cost of Ethereum has also risen significantly. Between October 22 and November 12, 2023, the average cost of Ethereum transactions soared by 219%, from $2.08 per transaction to $6.64 per transaction. On Sunday, November 12th, the estimated cost of transferring assets through bridging between different chains was $8.93 to $9.17. From October 22, 2023 to November 11, 2023, Ethereum processed approximately 1,071,448 transactions per day on average. Etherscan data shows that the regular value of Ethereum Gas is currently 27 gwei, and the cost of a Swap transaction is about $19.74. (Bitcoin.com)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like

US stocks slipped while bitcoin rallied on higher Treasury yields
Bitcoin may have traded like a safe haven asset Wednesday, but analysts warn the trend may not last
Bitcoin hits all-time high while Solana holds steady
Solana’s focus remains on fundamentals: stable usage, high yields, and expanding infrastructure
BUSDT now launched for futures trading and trading bots
Trending news
MoreCrypto prices
More








