Summary
- Ethereum's average gas fee of $0.41 indicates a smooth network state.
- Low gas fees could positively impact the investment environment as it makes it easier for new capital inflow.
- While Ethereum's price is currently declining, analysis shows maintaining positive long-term outlook.
A positive analysis has emerged for the leading altcoin Ethereum (ETH). The analysis suggests that low gas fees will make it easier for new capital to flow into the network.
On the 19th, Sentiment stated through X (Twitter) that "Currently, Ethereum's average fee is at a very low level of $0.41. This is significantly lower compared to the $15.21 gas fee from two years ago," and analyzed that "Low Ethereum transaction fees indicate the network is in a smooth state, creating a favorable environment for users to enter the network."
Meanwhile, as of 10:27 AM today, according to CoinMarketCap, Ethereum is trading at $2,658, down 2.53% from the previous day.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
