One of the residents of the series looks up in the long -term and long -term expectations of ETHEREM, according to Crypto Analytics Santiment.
Company Notes On the social media platform X that the average ETHEREUM transmission fee is currently $ 0.41, a sharp drop from $ 15.21, which is the high point in the past two years.
Santiment says that low transaction fees usually mean the Ethereum network is not very crowded,
“When users do not pay high prices to move ETH or distinctive symbols, they are usually a good sign of medium -term and long -term price expectations. These low fees are often caused when prices are seen as“ low ”or“ declining ”according to traders. These reduced costs make it easy for new buyers to enter the market.
On the other hand, when the fees are high, this means that there is a lot of activity on the network. This often happens when ETH prices rise quickly, as more people rush to trading or using ETHEREUM applications. “
Analysis Company adds that very low fees can “stimulate” users again in the ETHEREM market.
ETH is traded at $ 2712 at the time of this report. The encryption assets increased second by the maximum market by almost 3 % over the past 24 hours.
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Disclosure: The views expressed in Daily Hodl are not an investment advice. Investors must do due care before making any high -risk investments in bitcoin, cryptocurrency, or digital assets. Please note that your transfers and trading on your own responsibility, and any losses you may bear are your responsibility. Daily Hodl does not recommend buying or selling any encrypted currencies or digital assets, and Hodl Daily Andersor is an investment. Please note that the daily Hodl participates in dependent marketing.
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