Cryptocurrency Q&A Have ETH gas fees gone down?

Have ETH gas fees gone down?

Wed Jan 08 2025 | 6 answers 1216
I've been hearing a lot about Ethereum gas fees being really high, but I'm wondering if they have come down recently. Have ETH gas fees decreased in the past few months or so? Have ETH gas fees gone down?

6 answers

Fri Jan 10 2025
On Saturday, the gas fee hit an all-time low of 1.06 Gwei.

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Fri Jan 10 2025
This information was revealed by Ultrasound.money, which tracks such data.

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Fri Jan 10 2025
Gwei serves as the unit of measurement for transaction fees on the Ethereum network.

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Fri Jan 10 2025
Ethereum's average daily gas fee experienced a significant drop last week.

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Fri Jan 10 2025
The decrease in gas fees also had an impact on the burn rate of ETH.

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