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Ethereum Average Fees Recently Hit The $5.72 Mark

On-chain data shows the average transaction fees on the Ethereum network have hit a 4-month high as user activity has spiked. According to.

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The average gas fee has dropped 88 percent in the last quarter, resulting in a 44 percent decline in Ethereum revenue

According to Bankless’ Q1 report on the blockchain, Ethereum’s network revenue from gas fees totaled US$2.4 billion in the first quarter of 2022,.

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