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
Coinbase Unveils AiFi After $100M in x402 Transactions, Targeting AI Agent Payments
Key Takeaways: Coinbase has announced the launch of its financial infrastructure initiative, AiFi, centered on the new AI agent ec...
Wall Street finally turned staking into a dividend, now Ethereum and Solana want to shrink it
Grayscale's July 17 SEC filings said its Ethereum and Solana staking ETFs would convert staking rewards to cash and distribute the...
Cboe pushes for 3x Bitcoin and Ethereum ETFs after 2x crypto funds suffer losses of up to 96%
Cboe BZX is asking the Securities and Exchange Commission (SEC) for an exception to its own generic listing rules so it can list f...
Binance Ends Transactions With 16 Platforms, Warns of Wallet Reviews
Binance will stop processing transactions involving 16 crypto platforms following regulatory developments. Transfers attempted aft...
Ethereum (ETH) Price Prediction: ETH Tightens Near $1,880 as Analysts Debate Breakout Towards $3,000 or Another Bear-Market Leg
Ethereum price is consolidating around $1,880 as ETH moves deeper into a tightening technical structure, with traders watching whe...
Bitcoin purchases halted after data breach puts 250,000 crypto users at risk
Israel’s largest regulated cryptocurrency broker, Bits of Gold, is investigating a data breach that potentially exposed the person...