Ethereum's on-chain transaction fees dropped 54% in the past week

Ethereum's on-chain transaction fees dropped 54% in the past week

5/3/2021

According to OKLink data from Oukeyunchain, the transaction fee of Ethereum in the past week was US$104.5 million, a decrease of 54.40% from the previous week; the transaction fee of Bitcoin during the same period was US$39,821,300, a decrease of 30.74% from the previous month; Bitcoin and Ethereum’s On-chain transaction fees have all fallen.

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