Ethereum gas and fee plummet drive inflation to +0.7%

James Van Straten

Quick Take Ethereum’s network has recently seen significant transaction fees and burn rate reductions. The mean transaction gas price, calculated on a 7-day moving average, has plummeted to a four-year low of 4.4 Gwei. This drop is mirrored in the mean fee per transaction, which has hit a multi-year low of $1.21, a level not […]

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Ethereum gas and fee plummet drive inflation to +0.7%