As ETH trx fees tumble, activity soars
Whether it's the market gully, NFT hype dying down or a mix of factors, the average fee to interact with the Ethereum network has slumped to a 3-month low of $13:
![](https://production-sanbase-images.s3.amazonaws.com/uploads/000648e6827abd05191751941f29c2ea12d3a772084b0fa9a47e632c4c8c3107_1639109435679_fees.png)
At the same time, there's been a noticeble uptick in ETH's daily addresses going hand in hand with the trx fee downslide.
Back during the Oct-Nov rally, both fees and addresses kept climbing as the market was soaring.
Now, we may be seeing a new wave of interest in ETH spurred by low(er) barriers to entry. New addresses interacting with ETH show the same (diverging) pattern:
![](https://production-sanbase-images.s3.amazonaws.com/uploads/2fabd1b81115e7fda7004a9ad9a58cf3fdb55476f2555e135408e52f2c6e267e_1639109442916_fees1.png)
Early to say, but might be a sign of renewed fundamental strength for the second largest coin?
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