November 24, 2024

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Ethereum Users Face Higher Fees as Onchain Transaction Costs Rise

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Ethereum Users Face Higher Fees as Onchain Transaction Costs Rise
Ethereum Users Face Higher Fees as Onchain Transaction Costs RiseSince Sept. 15, 2024, onchain fees on the Ethereum network have seen a steady rise, jumping from $1 per transaction to $5.08 by Sept. 20. Though there was a slight dip, bringing fees down to just over $4 on Sept. 23, the average cost per transfer reached 0.0027 ETH ($7.06) on Tuesday morning. Ethereum Users […]