Ethereum Gas Fees Hit Lowest Point in Seven Months Amid Intensifying Layer 2 Competition
Ethereum gas fees hit the lowest point in seven months amid intensifying layer 2 competition. This decline in average transaction fees is attributed to the increasing popularity of layer-2 networks for more frequent transfers. Ethereum Gas Fees Transactional fees on the Ethereum network recently dropped to a seven-month low, hitting $1.7 per transaction on May […]
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