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Ethereum transaction fees have dropped to a 5-year low, now averaging just $0.168. This decline is attributed to reduced blockchain activity, with fewer users engaging in ETH transfers or smart contract interactions. Analysts believe global economic uncertainty is holding traders back. However, there’s hope that the upcoming Pectra network upgrade could boost Ethereum’s usage and lead to higher transaction volumes in the near future.
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Elena R
Elena R
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Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.
- Apr 17, 2025 10:38 UTC
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Ethereum Fees Hit 5-Year Low Amid Market Caution
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