Open Demo Account
Home / Market Update / Cryptocurrency / Ethereum Average Transaction Fees at Record High

Ethereum Average Transaction Fees at Record High

M. Ali 13 August, 2020 9:51 pm Cryptocurrency, Market Update

The average fee for Ethereum transaction increased to a new record high of $7.50, Coin Telegraph reported.

The rise in fees is attributed to increased interaction with stablecoins on the Ethereum network.

Ethereum rose by around 2.47% during the past 24 hours, as it is now trading at $394.68.

Tags

Check Also

Dow Jones Rebounds: Unexpected Durables Strength and Tariff Hopes Fuel Market Rally

The Dow Jones Industrial Average (DJIA) demonstrated a notable recovery on Friday, clawing back recent …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends