Ethereum Gas Fees Drop To 3-Month Low As Price Reaches $2,563
Ethereum (CRYPTO: ETH) was trading at $2,567 at the time of writing, nearing its all-time high of $2,615 recorded on April 22. What Happened: As the second-largest cryptocurrency by market cap continued to trade higher, gas fees on the network dropped to a three-month low, according to data from Santiment. Analysts at Santiment pointed out that gas fees were back at the sub $10 level, recording an average level of $8.14. “This is obviously encouraging, with $ETH holders being able to confidently move their holdings without fear of such heavy incurred costs,” they wrote on Twitter. Why I...
Source: benzinga.com