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TechFlow reported on February 19 that according to crypto research firm Santiment, the average Ethereum transfer fee has dropped to $0.41, reaching the lowest weekly level since August last year, a significant decline from the peak of $15.21 seen over the past two years.
Santiment noted that lower transfer fees typically occur during periods of bearish market sentiment, which can make it easier to attract new buyers into the market.
According to crypto research firm Santiment, the average Ethereum transfer fee has dropped to $0.41, reaching the lowest weekly level since last August and a sharp decline from the peak of $15.21 seen over the past two years. Santiment noted that lower transfer fees typically occur during periods of bearish market sentiment, which can more easily attract new buyers into the market.
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