Ethereum fee data shows the blockchain network’s transaction fees have been much lower than they were ten days before The Merge.
network on September 14 was $0.6293 per transaction, and on the day of The Merge, fees rose to $0.9812 per transaction.
Ethereum gas fees are also 93% lower than they were four months ago on May 13, 2022. Ycharts.com stats show on May 13, the average fee was $1.37 and it dropped 57.66% lower than the current average fee of $0.58 per transfer.indicates that etherscan.io’s gas tracker also shows ether fees were much higher 127 days ago in mid-May. At that time, a high priority transaction was 68 gwei or $2.97 per transfer to simply send ethereum, in comparison to today’s $0.18 high priority transfer.
Today, etherscan.io’s gas tracker shows an Opensea sale can cost $0.61 and four months ago it would have cost $28.58. A Uniswap decentralized exchange swap will cost $1.58 on September 17, but on May 13, it was roughly $26.07. Sending an ERC20 token like tether or usd coin is also cheaper today at $0.46 per transaction. But 127 days ago, it would cost a user roughly $7.65 per transaction to send an ERC20-based coin.
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