đGood news, crypto fans! Bitcoin & Ether transaction fees are at their lowest in months!đ Avg. Bitcoin fee? A mere $1.93, lowest since Oct '23. Ether gas fees? Down to 1 gwei, lowest in years.đ
This drop signifies less network activity & competition. Usually, high market volatility = high fees. But not this time! Even with Bitcoin's price falling below $63k & altcoins suffering losses, fees are chillin'.đ
Why the Ether fee drop? It's all thanks to the March Dencun upgrade, shifting activity from Ethereum's base layer to its layer-2 network. Result? A whopping 92% fall in avg. gas prices!đȘ
Despite recent bear domination, the crypto market's seen significant growth in the last 6 months. So, don't let the current turbulence scare you off. Remember, what goes down, must come up!đ
Got thoughts? Share below! Let's turn this comment section into a crypto think tank!đ§ #DeFi #Web3 #CryptoNews
P.S. Mark Cuban, if you're reading this, sorry about the Gmail thing. đ