Ethereum Gas Fees Record a YTD Low as Congestion Eases

In May 2021, Ethereum Gas Prices recorded an all-time high of approx 68.3USD per transaction. However, as of June 29th, the price had dropped to approximately 3.85USD — recording over a 94% decrease in less than 2 months.

Finally hitting close to the December 2020 low, this is one of the fastest rates Ethereum gas fees have dropped since it was introduced in 2015.

Source: https://medium.com/buycoins-research/ethereum-gas-fees-record-a-ytd-low-as-congestion-eases-4539c0288314?source=rss——-8—————–cryptocurrency