#GasFeeImpact In February 2025, gas fees on the Ethereum network hit record lows, with the average cost per transaction falling to $0.41, well below the peak of $15.21$ seen over the past two years.
INVESTING
This significant decrease in fees is primarily attributed to a decrease in on-chain demand, indicating less network congestion.
INVESTING
Gas fees, which are essential for prioritizing transactions and securing the Ethereum network, fluctuate based on activity and demand.
BLOCKCHAINS EXPERT
Lower fees suggest a decrease in transaction activity, which may reflect lower adoption or migration to alternatives. This trend could also signal a long-term bullish outlook, as lower fees make the network more attractive to users and developers, potentially spurring increased adoption and an increase in ETH's value.