Ethereum transaction fees drop significantly in August
Ethereum (ETH) users recently observed a significant transformation in the blockchain landscape, witnessing a remarkable drop in daily transaction fees on Layer 1 (L1). On August 27th, these fees hit a six-month low, totalling just 1,719 ETH, roughly equivalent to $2.8 million. This plunge was staggering, constituting a jaw-dropping 97% decrease from the all-time high … Read more
