{"id":3344,"date":"2023-09-25T21:39:41","date_gmt":"2023-09-25T21:39:41","guid":{"rendered":"https:\/\/stoneblock.hr\/?p=3344"},"modified":"2023-09-25T21:40:47","modified_gmt":"2023-09-25T21:40:47","slug":"ethereum-network-fees-are-at-a-record-low","status":"publish","type":"post","link":"https:\/\/stoneblock.hr\/hr\/ethereum-network-fees-are-at-a-record-low\/","title":{"rendered":"Ethereum network fees are at a record low!"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"3344\" class=\"elementor elementor-3344\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d9030eb e-flex e-con-boxed e-con\" data-id=\"d9030eb\" data-element_type=\"container\" data-settings=\"{&quot;content_width&quot;:&quot;boxed&quot;}\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-bbc37cc elementor-widget elementor-widget-text-editor\" data-id=\"bbc37cc\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>Ethereum (ETH) continued to show resistance in its price recovery, rising 37% from at the beginning of the year, although it is still significantly behind its all-time high price from US$4,891 in November 2021, reflecting a significant decline of 67.44 how much.<\/p><p>In the past week, the cryptocurrency has seen a decline of 2.67%, with the current trading price of 1,592 US dollars, according to data from Coinmarketcap. Additionally, its volume trading saw a significant drop in the last 24 hours, falling by 41.83 percent to 2.93 billions of dollars.<\/p><p>Yet, despite these challenges, Ethereum has recently witnessed a drop in network fees, which is a promising sign, as reported by on-chain analytics firm Santiment. According to Santimento, Ethereum&#8217;s network fees have reached their lowest levels in 2023 and are currently only $1.15 per transaction.<\/p><p><a href=\"https:\/\/x.com\/nftmufettisi\/status\/1705365883198267716?s=20\">https:\/\/x.com\/nftmufettisi\/status\/1705365883198267716?s=20<\/a><\/p><p>After briefly breaching the $1,650 mark, Ethereum price faced a resistance at $1,670 and then experienced a downward trend. To nurture short-term prospects to rise, Ethereum needs to maintain support above the key $1,615 range-wise level from 1850 to 1900 USD. Conversely, a key support level to watch is 1500 USD.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>Ethereum (ETH) continued to show resistance in its price recovery, rising 37% from at the beginning of the year, although it is still significantly behind its all-time high price from US$4,891 in November 2021, reflecting a significant decline of 67.44 how much.<\/p>","protected":false},"author":1,"featured_media":3346,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18],"tags":[],"class_list":["post-3344","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/stoneblock.hr\/hr\/wp-json\/wp\/v2\/posts\/3344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/stoneblock.hr\/hr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stoneblock.hr\/hr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stoneblock.hr\/hr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stoneblock.hr\/hr\/wp-json\/wp\/v2\/comments?post=3344"}],"version-history":[{"count":5,"href":"https:\/\/stoneblock.hr\/hr\/wp-json\/wp\/v2\/posts\/3344\/revisions"}],"predecessor-version":[{"id":3351,"href":"https:\/\/stoneblock.hr\/hr\/wp-json\/wp\/v2\/posts\/3344\/revisions\/3351"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stoneblock.hr\/hr\/wp-json\/wp\/v2\/media\/3346"}],"wp:attachment":[{"href":"https:\/\/stoneblock.hr\/hr\/wp-json\/wp\/v2\/media?parent=3344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stoneblock.hr\/hr\/wp-json\/wp\/v2\/categories?post=3344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stoneblock.hr\/hr\/wp-json\/wp\/v2\/tags?post=3344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}