Coin Metrics report By Cointelegraph

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Ethereum’s high gas fee crisis won’t be solved by EIP-1559: Coin Metrics report

A report by analytics provider Coin Metrics has delved into the world of Ethererum transaction fees noting that they’re still at highest-ever levels and even a much touted approaching network upgrade is unlikely to alleviate the problem.

According to the Gas Report by Coin Metrics, median fees on Ethereum have been consistently over $10 for most of 2021. Comparatively, the average Ethereum transaction fee reached just $5.70 at the height of the 2017/2018 bull run.

Ethereum block fullness – CoinMetrics

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