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20 September 2021

Ethereum Transaction Fees Fall While NFT Market Stumbles - Decrypt

Ethereum Transaction Fees Fall While NFT Market Stumbles - Decrypt


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Ethereum is getting less expensive to use: as the NFT boom takes a breather, transaction fees have declined to levels unseen since August 28.

That high of $59 was the highest average price for a transaction on Etheruem since May 19, when fees also hit $59.

ETH spiked from $3,200 at the end of August to just under $4,000 by September 3, a price at which it hovered until September 7, when Ethereum tumbled to lows of $3,186

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