According to analyst Slim Daddy from IntoTheBlock, Ethereum's average transaction fee dropped to below $2.6 per transaction on April 27th. According to IntoTheBlock's data, the last time transaction fees dropped was in October 2023, when they reached as low as $1.78. The decrease in average transaction fees usually indicates that the efficiency of the blockchain network in processing transactions is improving and network congestion is decreasing.

Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
Let’s give Kevin_Lee a warm welcome! 👏👏👏

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