#GasFeeImpact The Litecoin network has seen a significant increase in activity recently, which is due to expectations of the approval of an exchange-traded fund (ETF) based on this cryptocurrency. Daily transaction volume has reached $9.6 billion, an increase of 243% over the past five months.

Despite the increase in transactions, the average fee for a transfer on the Litecoin network remains relatively low. In 2024, it was only $0.0079, which is significantly lower compared to other cryptocurrencies.

Thus, while the approval of an ETF may lead to an increase in activity on the network, current data suggests that transaction fees on the Litecoin network remain stable and low.