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Bitcoin

Ethereum fees fell to less than a million dollars for the first time since September 2024

This is only the second time for ETher daily transactions fees to less than a million dollars since November 2020.

Daily transactions on ETHEREMM have decreased to its lowest level since September 2024, according to data from Token Terminal.

ethereum I was born 731,472 dollars in the daily fees on February 8, on the occasion of the first time in five months that the daily revenues decreased to less than a million dollars. The network has witnessed a similar stagnation from August 17 to September 8, 2024, when it failed to exceed a million dollars in several days. Last time it happened in November 2020.

ETHEREUM fees on February 8. Source: Token Terminal

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