{"id":32256,"date":"2023-11-14T11:05:14","date_gmt":"2023-11-14T11:05:14","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/11\/14\/ethereum-network-fees-hit-4-month-with-eth-price-under-pressure-whats-next\/"},"modified":"2023-11-14T11:05:14","modified_gmt":"2023-11-14T11:05:14","slug":"ethereum-network-fees-hit-4-month-with-eth-price-under-pressure-whats-next","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/11\/14\/ethereum-network-fees-hit-4-month-with-eth-price-under-pressure-whats-next\/","title":{"rendered":"Ethereum Network Fees Hit 4-Month With ETH Price Under Pressure, What\u2019s Next?"},"content":{"rendered":"

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After a string upswing to $2,100<\/a> final week after the information of BlackRock submitting a spot Ethereum ETF, the ETH worth has come underneath some promoting stress and is at present buying and selling across the $2,000 degree.<\/p>\n

Ethereum Fees Hit 4-Month High<\/h3>\n

Earlier this week on Sunday, November 12, the Ethereum community charges climbed to $5.72 per transaction hitting its highest ranges since July 2023.<\/p>\n

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On-chain knowledge supplier Santiment famous that with the resurgence of Ethereum (ETH) above $2,000 final week and elevated community exercise, it\u2019s no shock that charges have additionally climbed. However, in relative phrases, transaction prices stay inexpensive in comparison with the elevated common price ranges of $14 noticed in May. Keep an eye fixed on the potential affect on different ERC-20 tokens as properly.<\/p>\n

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