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Ethereum Cointelegraph

Ethereum average gas fee falls down to $1.57, the lowest since 2020

For nearly two years, between Jan. 2021 and May 2022, the average gas fee required by the Ethereum network was roughly $40, with May 1, 2022 recording the highest average daily gas cost of $196.638.

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Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Ethereum average gas fee falls down to $1.57, the lowest since 2020

For nearly two years, between Jan. 2021 and May 2022, the average gas fee required by the Ethereum network was roughly $40, with May 1, 2022 recording the highest average daily gas cost of $196.638.

Why this matters

This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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