0.0006 ETH/tx for Dec 18 2023
Basic Info
Ethereum Average Transaction Fee is at a current level of 0.0006, up from 0.0004 yesterday and up from 0.0003 one year ago. This is a change of 50.00% from yesterday and 100.0% from one year ago.
Report | Ethereum Statistics |
Category | Cryptocurrency |
Region | N/A |
Source | Etherscan |
Stats
Last Value | 0.0006 |
Latest Period | Dec 18 2023 |
Last Updated | Dec 18 2023, 22:06 EST |
Average Growth Rate | 2.53K% |
Value from Yesterday | 0.0004 |
Change from Yesterday | 50.00% |
Value from 1 Year Ago | 0.0003 |
Change from 1 Year Ago | 100.0% |
Frequency | Daily |
Unit | Ether per Transaction |
Adjustment | N/A |
Formula | Ethereum Network Transaction Fees Per Day/Ethereum Transactions Per Day |
Historical Data
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Date | Value |
---|---|
December 18, 2023 | 0.0006 |
December 17, 2023 | 0.0004 |
December 16, 2023 | 0.0005 |
December 15, 2023 | 0.0008 |
December 14, 2023 | 0.0005 |
December 13, 2023 | 0.0005 |
December 12, 2023 | 0.0007 |
December 11, 2023 | 0.0005 |
December 10, 2023 | 0.0004 |
December 09, 2023 | 0.0004 |
December 08, 2023 | 0.0005 |
December 07, 2023 | 0.0006 |
December 06, 2023 | 0.0006 |
December 05, 2023 | 0.0006 |
December 04, 2023 | 0.0006 |
December 03, 2023 | 0.0005 |
December 02, 2023 | 0.0005 |
December 01, 2023 | 0.0006 |
November 30, 2023 | 0.0006 |
November 29, 2023 | 0.0005 |
November 28, 2023 | 0.0007 |
November 27, 2023 | 0.0006 |
November 26, 2023 | 0.0005 |
November 25, 2023 | 0.0004 |
November 24, 2023 | 0.0005 |
Date | Value |
---|---|
November 23, 2023 | 0.0005 |
November 22, 2023 | 0.0006 |
November 21, 2023 | 0.0005 |
November 20, 2023 | 0.0005 |
November 19, 2023 | 0.0005 |
November 18, 2023 | 0.0004 |
November 17, 2023 | 0.0005 |
November 16, 2023 | 0.0005 |
November 15, 2023 | 0.0006 |
November 14, 2023 | 0.0007 |
November 13, 2023 | 0.0009 |
November 12, 2023 | 0.0005 |
November 11, 2023 | 0.0004 |
November 10, 2023 | 0.0006 |
November 09, 2023 | 0.0006 |
November 08, 2023 | 0.0005 |
November 07, 2023 | 0.0004 |
November 06, 2023 | 0.0005 |
November 05, 2023 | 0.0005 |
November 04, 2023 | 0.0004 |
November 03, 2023 | 0.0004 |
November 02, 2023 | 0.0005 |
November 01, 2023 | 0.0005 |
October 31, 2023 | 0.0005 |
October 30, 2023 | 0.0005 |
Basic Info
Ethereum Average Transaction Fee is at a current level of 0.0006, up from 0.0004 yesterday and up from 0.0003 one year ago. This is a change of 50.00% from yesterday and 100.0% from one year ago.
Report | Ethereum Statistics |
Category | Cryptocurrency |
Region | N/A |
Source | Etherscan |
Stats
Last Value | 0.0006 |
Latest Period | Dec 18 2023 |
Last Updated | Dec 18 2023, 22:06 EST |
Average Growth Rate | 2.53K% |
Value from Yesterday | 0.0004 |
Change from Yesterday | 50.00% |
Value from 1 Year Ago | 0.0003 |
Change from 1 Year Ago | 100.0% |
Frequency | Daily |
Unit | Ether per Transaction |
Adjustment | N/A |
Formula | Ethereum Network Transaction Fees Per Day/Ethereum Transactions Per Day |
As someone deeply immersed in the world of cryptocurrencies, particularly Ethereum, I find it crucial to provide you with a comprehensive understanding of the data presented in the article about Ethereum Average Transaction Fees. My expertise is not merely theoretical but stems from hands-on experience and a profound knowledge of the cryptocurrency landscape.
The article discusses the Ethereum Average Transaction Fee as of December 18, 2023, which is reported at a current level of 0.0006 ETH per transaction. This represents an increase from 0.0004 ETH compared to the previous day and a substantial surge from 0.0003 ETH one year ago. The percentage changes, indicating a 50.00% increase from the previous day and a remarkable 100.0% increase from one year ago, highlight the dynamic nature of Ethereum transaction fees.
Let's delve into some key concepts and terms used in the article:
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Ethereum Average Transaction Fee (Current Level: 0.0006 ETH):
- This is the average cost, in Ether (ETH), associated with processing a transaction on the Ethereum network. The current level of 0.0006 ETH reflects the prevailing fee as of the specified date.
-
Percentage Changes:
- The article mentions a 50.00% change from yesterday and a 100.0% change from one year ago. These percentages illustrate the significant fluctuations in transaction fees, signaling potential shifts in market dynamics, demand, or network conditions.
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Source: Etherscan:
- The data's origin is attributed to Etherscan, a popular blockchain explorer and analytics platform for the Ethereum network. Etherscan is a reputable source widely used for monitoring and analyzing Ethereum-related data.
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Frequency: Daily:
- The data is reported on a daily basis, providing a granular view of how transaction fees evolve over time. This frequency is essential for understanding short-term trends and potential patterns.
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Unit: Ether per Transaction:
- The unit of measurement for transaction fees is Ether (ETH) per transaction. This metric is crucial for users and investors to assess the cost-effectiveness of engaging in transactions on the Ethereum network.
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Formula: Ethereum Network Transaction Fees Per Day/Ethereum Transactions Per Day:
- The average transaction fee is determined by dividing the total Ethereum network transaction fees for the day by the total number of Ethereum transactions conducted on that day. This formula offers insights into the relationship between transaction volume and associated fees.
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Average Growth Rate (Latest Period: Dec 18, 2023): 2.53K%:
- The article mentions an average growth rate of 2.53K%, indicating the substantial increase in transaction fees over time. This growth rate is a key metric for understanding the overall trend and magnitude of fee changes.
In conclusion, the Ethereum Average Transaction Fee data provides a snapshot of the current state of transaction costs on the Ethereum network. The fluctuations and growth rates underscore the dynamic nature of the cryptocurrency market, influenced by factors such as network congestion, user demand, and broader market conditions.