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Ethereum Transaction Fees Drop to Record Low Since February 2020

The value is at a historic low since February 2020. But activity on the blockchain remains at 1.2 million daily transactions. Transaction fees on the Ethereum blockchain have reached their lowest levels in years, with the seven-day moving average (7DMA) indicating transaction fees of less than $500,000 per day - contrasted with a peak of $30 million in March 2024. At the same time, the number of daily transactions remains stable at about 1.2 million per day, which characterizes not a decrease in demand but a change in network economics, the media noted. The decline in fees has been influenced by a number of upgrades, including the introduction of EIP-4844, which added BLOB (big data) transactions, a cheaper way to store data for L2 solutions. Among other things, Base blockchain has become a popular choice among users due to its significant cheapening while maintaining Ethereum`s security. According to Glassnode, total transaction fees were 317.1 ETH as of April 6, 2025. The previous low value was recorded on February 22, 2020 - 306.2 ETH. For users, lower commissions mean increased availability, which opens up opportunities for small DeFi transactions and daily transfers. For validators, however, it reduces motivation - the blockchain increasingly relies on Ethereum issuance instead of fee income, the publication noted. Record lows in the Ethereum ecosystem are also seen in the amount of assets burned due to transaction fees, a decrease in the number of new addresses on the blockchain and decreases in the available supply of Ethereum on centralized exchanges. However, on May 7, 2025, the blockchain will undergo a Pectra update, which aims to improve the user experience and efficiency of Ethereum. CoinOtag

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Conor McGregor Has Launched a Meme Coin

Part of the community reacted with skepticism. According to project reports, 60 million tokens are distributed via blind auction on April 5-6. A two-phase rollout of trading on the DEX is planned afterward. The Uniswap V4 pool will launch after the auction ends, while Uniswap V3 will launch on April 9. Trading will be available in the Uniswap app and aggregators like 1inch and Matcha. The assets sold at the auction will be blocked until 11:00 on April 7. Funds from the sale will provide liquidity at the start of trading, part of it will be directed to the DAO treasury. According to reports from the project, the tokens will provide holders with the ability to participate in voting and staking. Crypto detective ZachXBT and a number of commentators were skeptical of the meme coin launch. ”This is a shame frog. If the frog of shame gets more likes than the original tweet, your tweet sucks,” reads the meme that ZachXBT responded to McGregor with. At the time of writing, the crypto sleuth`s comment is enjoying multiples more popularity than the UFC champion`s promotional tweet. Some users questioned the veracity of the stated list of companies that allegedly supported REAL. ”I love all these random crypto brand names added to the site that have nothing to do with it. Also Zippay, lol,” one commenter noted. The company assured that the list is ”real”. Recall, in March, CoinGecko experts noted a drop in interest in the meme-coin segment after a series of failed launches and rug pull that ”killed” the interest of investors. However, they believe a recovery in the position remains possible. CoinOtag