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Low Gas Fees Make Ether Issuance Rates Now Inflationary

Low Gas Fees Make Ether Issuance Rates Now Inflationary

Bitget2024/08/31 21:51
ETH+0.56%

According to recent data, Ether's on-chain fees continue to be amazingly low, with the average transaction cost at the end of the week being just 0.00029 ETH ($0.743). etherscan reports that even the high priority fees are below 1 gwei, at around 0.972 gwei as of press time. And corresponding to the performance of the low Gas fees, the ultrasound.money data shows that Ether's issuance rate is currently in inflation, at 0.734% per year.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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