Ethereum (ETH) gas fees dropped below 1 Gwei on February 7, a 93% drop from the 30-day average of 13 Gwei. The sudden collapse in gas fees makes it almost comparable to fees on the wildly popular Solana (SOL) blockchain. Despite this incredible achievement, Ethereum price dropped 2.40% yesterday and is down -0.48% today and trades around $2,613. Will ETH price bottom here and catalyze a bull run?
Ethereum Price Crashes as Gas Fees Drop 90%, is ETH Bottom in?
coingape.com
08 February 2025 10:13, UTC
