{"id":35854,"date":"2021-02-04T15:21:17","date_gmt":"2021-02-04T13:21:17","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=35854"},"modified":"2025-08-29T03:19:05","modified_gmt":"2025-08-29T00:19:05","slug":"average-ethereum-transaction-fee-tops-20","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/average-ethereum-transaction-fee-tops-20\/","title":{"rendered":"Average Ethereum transaction fee tops $20"},"content":{"rendered":"<p>Against the backdrop <a href=\"https:\/\/u1f987.com\/en\/news\/ethereum-price-hits-new-high-above-1600\">a rise in Ethereum price to new highs<\/a> and a surge in on-chain activity, the average cost of a transaction in the network of the second-largest cryptocurrency exceeded $20.<!--more--><\/p>\n<p>\\n<\/p>\n<p>The previous record high of $19.24 was logged on January 11.<\/p>\n<p>\\n<\/p>\n<div id=\\\"attachment_123936\\\" style=\\\"width: 1047px\\\" class=\\\"wp-caption aligncenter\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" aria-describedby=\\\"caption-attachment-123936\\\" class=\\\"size-full wp-image-123936\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/1-411.png\\\" alt=\\\"\u0421\u0440\u0435\u0434\u043d\u044f\u044f \u043a\u043e\u043c\u0438\u0441\u0441\u0438\u044f \u0437\u0430 Ethereum-\u0442\u0440\u0430\u043d\u0437\u0430\u043a\u0446\u0438\u044e \u043f\u0440\u0435\u0432\u044b\u0441\u0438\u043b\u0430 $20\\\" width=\\\"1037\\\" height=\\\"579\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/1-411.png 1037w, https:\/\/u1f987.com\/wp-content\/uploads\/1-411-300x168.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/1-411-1024x572.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/1-411-768x429.png 768w\\\" sizes=\\\"auto, (max-width: 1037px) 100vw, 1037px\\\" \/><\/p>\n<p id=\\\"caption-attachment-123936\\\" class=\\\"wp-caption-text\\\">Data: <a href=\\\"https:\/\/blockchair.com\/ethereum\/charts\/average-transaction-fee-usd?interval=1m\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\">Blockchair<\/a>.<\/p>\n<\/div>\n<p>\\n<\/p>\n<p>Below are approximate gas costs for various transaction types at a median gas price of 198 Gwei.<\/p>\n<p>\\n<\/p>\n<div id=\\\"attachment_123937\\\" style=\\\"width: 1660px\\\" class=\\\"wp-caption aligncenter\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" aria-describedby=\\\"caption-attachment-123937\\\" class=\\\"size-full wp-image-123937\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/2-377.png\\\" alt=\\\"\u0421\u0440\u0435\u0434\u043d\u044f\u044f \u043a\u043e\u043c\u0438\u0441\u0441\u0438\u044f \u0437\u0430 Ethereum-\u0442\u0440\u0430\u043d\u0437\u0430\u043a\u0446\u0438\u044e \u043f\u0440\u0435\u0432\u044b\u0441\u0438\u043b\u0430 $20\\\" width=\\\"1650\\\" height=\\\"594\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/2-377.png 1650w, https:\/\/u1f987.com\/wp-content\/uploads\/2-377-300x108.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/2-377-1024x369.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/2-377-768x276.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/2-377-1536x553.png 1536w\\\" sizes=\\\"auto, (max-width: 1650px) 100vw, 1650px\\\" \/><\/p>\n<p id=\\\"caption-attachment-123937\\\" class=\\\"wp-caption-text\\\">Data: <a href=\\\"https:\/\/www.duneanalytics.com\/kroeger0x\/gas-prices\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\">Dune Analytics<\/a>.<\/p>\n<\/div>\n<p>\\n<\/p>\n<p>At the time of writing, the transaction fee for an exchange trade on Uniswap stands at $39.52, while the deposit on Compound is $58.95.<\/p>\n<p>\\n<\/p>\n<p>The number of transactions on the Ethereum network has nearly reached the peak levels seen at the start of January 2018, when ICO mania was in full swing.<\/p>\n<p>\\n<\/p>\n<div id=\\\"attachment_123938\\\" style=\\\"width: 1542px\\\" class=\\\"wp-caption aligncenter\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" aria-describedby=\\\"caption-attachment-123938\\\" class=\\\"size-full wp-image-123938\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/3-223.png\\\" alt=\\\"\u0421\u0440\u0435\u0434\u043d\u044f\u044f \u043a\u043e\u043c\u0438\u0441\u0441\u0438\u044f \u0437\u0430 Ethereum-\u0442\u0440\u0430\u043d\u0437\u0430\u043a\u0446\u0438\u044e \u043f\u0440\u0435\u0432\u044b\u0441\u0438\u043b\u0430 $20\\\" width=\\\"1532\\\" height=\\\"756\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/3-223.png 1532w, https:\/\/u1f987.com\/wp-content\/uploads\/3-223-300x148.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/3-223-1024x505.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/3-223-768x379.png 768w\\\" sizes=\\\"auto, (max-width: 1532px) 100vw, 1532px\\\" \/><\/p>\n<p id=\\\"caption-attachment-123938\\\" class=\\\"wp-caption-text\\\">Data: <a href=\\\"https:\/\/studio.glassnode.com\/metrics?a=ETH&#038;category=Transactions&#038;m=transactions.Count&#038;s=1480260607&#038;u=1612310400&#038;zoom=\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\">Glassnode<\/a>.<\/p>\n<\/div>\n<p>\\n<\/p>\n<p>Increased load on the Ethereum blockchain amid an unresolved scaling issue is one of the main reasons for the rise in gas prices and, consequently, fees.<\/p>\n<p>\\n<\/p>\n<p>Earlier, DeFi project Synthetix <a href=\"https:\/\/u1f987.com\/en\/news\/defi-project-synthetix-launches-ethereum-layer-2-solution-optimistic-ethereum\">launched<\/a> an Ethereum Layer-2 solution, Optimism.<\/p>\n<p>\\n<\/p>\n<p>Reddit announced a partnership with the Ethereum Foundation to develop scaling solutions for the Ethereum blockchain.<\/p>\n<p>\\n<\/p>\n<p>Subscribe to ForkLog&#8217;s channel on <a href=\\\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\"> YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Against the backdrop of Ethereum&#8217;s price climb to new highs and a surge in on-chain activity, the average transaction fee on the second-largest cryptocurrency&#8217;s network exceeded $20.<\/p>\n","protected":false},"author":1,"featured_media":35855,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1178,1227,46],"class_list":["post-35854","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blockchain-fees","tag-cryptocurrency-transactions","tag-ethereum"],"aioseo_notices":[],"amp_enabled":true,"views":"25","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35854","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=35854"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35854\/revisions"}],"predecessor-version":[{"id":35856,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35854\/revisions\/35856"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/35855"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=35854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=35854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=35854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}