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As per a recent data source, Ethereum network fees marked a new low in 2023.
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ETH price has been following a downside path for the last 7 days.
On September 23, 2023, Santiment, an on-chain analytics firm, shared an X (formerly Twitter) post. The firm wrote in the post that “Ethereum network fees have dropped down to its lowest level of 2023, at just $1.15 per transaction. Historically, we see utility begin rising as $ETH becomes more affordable to circulate. The increased utility can then lead to recovering market cap levels.”
#Ethereum network fees have dropped down to its lowest level of 2023, at just $1.15 per transaction. Historically, we see utility begin rising as $ETH becomes more affordable to circulate. Increased utility can then lead to recovering market cap levels. https://t.co/MpOLfMYKUp pic.twitter.com/JI8ZLhmb4p
— Santiment (@santimentfeed) September 23, 2023
Ethereum Average Fees Levels Highlight
As Santiment noted, the fees on
We współpracy z: https://www.thecoinrepublic.com/2023/09/26/ethereum-network-fees-dropped-down-to-its-lowest-level-of-2023/
