Ethereum's Network Has Become Significantly Cheaper as Demand Has Shrunk, Suggesting We May Be Getting Close to Bottom

💸 #Ethereum's network costs just $2.07 to make a transaction, a far cry from the $15.21 that it cost back on March 4th when demand was excessively high. The market historically moves between sentimental cycles of feeling that crypto is going "To the Moon" or feeling that "Crypto is Dead", which will very often be observed through transaction fees. These fees will tend to peak (and sometimes diverge) around $ETH price tops, and go back to its resting state around price bottoms.


Track how the network fluctuates any time with this link, particularly if you are interested in having #ERC20's make up a portion of your #crypto portfolio.