Even if it is considered very expensive Ether Leeum Block Chain It remains one of the best networks in the dynamic world of cryptocurrency. However, major blockchains have experienced great changes as the overall transaction fees have plummeted significantly for several years.
The lowest level of total transaction fee in the year
While the encryption sector shakes with volatility Ether Leeum We have been hit by the recent development for the entire transaction fee of the network. Over time, ETH’s gas fees are difficult to use and use the user’s activity due to high costs.
Crypto Miners’ affiliated affiliates of Binance, reveal The use of Ether Leeum Network is slowed down, indicating calm demand for the block space. Low fees reflect the decrease in demand, but the amount of exercise throughout the ETH ecosystem slows down.
Encryption miners mentioned this ETH’s transaction fee It has fallen to the lowest level since 2020 and has the lowest level for four years. This reduction in transaction fees is consistent with the indication that the reduction in the warm chain activity and the congestion of the entire ecosystem are decreasing. Development can affect user participation, Defi activities and NFT transactions, especially validated testors that depend on blockchains.
He emphasized that the commission decreased by about 60% in the first quarter of 2025 using the data from INTOTHEBLOCK, an encryption miner, to $ 280 million by April 4.
According to the platform, the noteworthy factor in the rapid drop is to significantly reduce the layer scaling costs with the emergence of layer -2 solutions, especially basic and Den luck updates. today, Layer 2 pack It is currently led by BASE ALONE, which processes more than 80 transactions (TPS) per second to strengthen its position in space.
During this period of low network demand, Ether Leeum’s price plunged rapidly to the previous level. As reported by the encryption miner altcoinIt fell by about 45% in the first quarter of 2025 and recorded the worst 1/4 performance since 2022.
The ETH/BTC pairs will be lowered to the lowest 5 years by displaying additional weak performance. However, large investors, often called whales, are not disturbed and collected less than $ 1,800 at the supported show.
Next major for ETH’s price table
As volatility is strengthened, we have confirmed the important price level of ETH. In Quick Take mail On the Crytoquant platform, experts emphasized that Ether Leeum holders’ average cost (realization price) was set at $ 2,200. From this, most ETH holders seem to be losing money.
Meanwhile, average cost standard whale It is $ 1,290 for more than 100,000 ETH, which is the following main support for Altcoin. If Ether Lee Rium falls below this level, Mac_D will not fall below $ 870. This level was firm during the Luna crisis in June 2022. Low formation for ETH Signal the rebound.
The main image of Unsplash, the chart of TradingView.com
Editorial process focuses on providing thorough research, accurate and prejudice content. We support the strict sourcing standard and each page is diligent in the top technology experts and the seasoned editor’s team. This process ensures the integrity, relevance and value of the reader’s content.
