Cryptocurrency Q&A Are ETH fees high right now?

Are ETH fees high right now?

Chloe_jackson_athlete Chloe_jackson_athlete Wed Oct 16 2024 | 7 answers 1775
I'm wondering if the transaction fees for Ethereum, commonly known as ETH fees, are currently at a high level. Are ETH fees high right now?

7 answers

DigitalDukedom DigitalDukedom Fri Oct 18 2024
Yesterday, the average fee was recorded at 1.208, which is considerably lower than the current rate. This indicates a positive upward trend in the transaction fees over a short period.

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Martina Martina Fri Oct 18 2024
Looking back a year, the average fee was significantly lower at 0.4905. This comparison underscores the substantial growth in fees over the past 12 months.

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Starlight Starlight Fri Oct 18 2024
The percentage change from yesterday to today stands at 21.12%, highlighting a sharp increase in a single day. This demonstrates the volatility and dynamism of the cryptocurrency market.

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AzurePulseStar AzurePulseStar Fri Oct 18 2024
The year-over-year change is even more pronounced, with a staggering 198.2% increase. This underscores the remarkable growth Ethereum has experienced in terms of transaction fees over the long term.

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HanRiverWave HanRiverWave Fri Oct 18 2024
The average transaction fee for Ethereum has seen a notable increase in recent times. Currently, it stands at 1.463, indicating a significant rise from its previous levels.

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