Ethereum $2,723.10 The transaction fee in the network fell to $ 0.41 as the lowest level of four years. This caused investors and analysts to re -evaluate the expectations of the future in ETH price. Discussions continue on the updates on the network and the impact of new usage areas.
Processing fee decline and network developments
Two years ago, the lowest trading fee of exceeding $ 15.21 has decreased significantly with the updates. According to Miles Deutscher, developments such as Dencun update on the network were effective in this decrease.
Miles Deutscher: This decrease in transaction fees is the result of developments such as Dencun update.
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This has led to re -evaluation of the network in terms of intensity and use.
Investor and Analyst Opinions
Opinions differ in the market. According to centimeter data, low wages indicate a decrease in networking volume. One of the main problems here is that we do not go through a period like NFT and Metaverse Hype periods. The Ethereum network has been quiet for a long time.
Centimeter: low wages indicate the decreasing operation activity in the network.
Some analysts say that Ethereum is going through a challenging process in terms of defi and NFT.
Crypto analyst Ali Martinez points out that ETH price momentum has positively returned to negative.
Ali Martinez: ETH price momentum has turned positively to negative.
The fact that the price can maintain significant support levels is considered critical in terms of future performance.
Ether ETFs recorded in February of 393 million dollars of net entry. Blackrcok Ether ETF reportedly provides significant superiority compared to others. These developments are seen to affect the long -term expectations of investors. The decrease in the enthusiasm in the Solana network and the start of the general market rise may return to the old days of the Ethereum network.
According to current market data, ETH price is 1.7 %increased at $ 2,707, while the daily transaction volume decreases. Investors evaluate that both low trading fees and ETF investments can contribute to the revival of the network. The preservation of support levels is important in terms of market stability.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
