Ethereum: Lower Transaction Fees, Higher Adoption? 🤯

Ethereum's average transaction size has plunged over 50% since May 1st, dropping from $5,893 to $2,767📉. This could signal a few things:

• Decreased Large Value Transfers: Are whales moving their #ETH elsewhere, or are smaller transactions driving activity? 🤔

• Potential for Wider Adoption: Lower fees could attract new users to the #Ethereum network.

• Network Efficiency Improvements: Are scaling solutions like rollups reducing transaction costs?

While the reasons are unclear, lower fees could be a positive sign for Ethereum's long-term usability.

What are your Thoughts on $ETH ??