Ethereum L1 transactions hit 2.2M a day; each costs about 17 cents
Ethereum transactions were the most costly in May 2022 when fees were over $200 per transaction on average. They have been declining since.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Ethereum transactions were the most costly in May 2022 when fees were over $200 per transaction on average. They have been declining since.
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 CointelegraphRelated market context
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