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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.

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