After the Pictra update, Ethereum fees stabilize at low levels!
While #Bitcoin and #Ethereum prices hold at high levels (BTC around ~$105,000 and ETH around ~$2,500), we notice a continued significant drop in fees for both networks.
Quick details:
Average Ethereum transfer fee: $0.15 only
High-priority transaction fees on Bitcoin: $0.29
The Ethereum network has maintained fees below $1 for over 82 consecutive days
Less than 2300 unconfirmed transactions on the BTC network = light congestion
What does this mean?
Low fees = perfect time to transfer assets or use smart contracts and decentralized platforms.
We are currently witnessing a perfect mix of strong liquidity + low fees in the market.
Question of the day:
Do you think the drop in fees is an indication of the beginning of a new upward wave?
Yes, the time is right to enter
No, a correction is coming
Neutral, I am just watching
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