Average Ethereum Transaction Fee Exceeded 20 USD

Against the background of the Ethereum price growth to new highs and a surge in on-chain activity, the average cost of transaction fees in the network of the second largest cryptocurrency in terms of capitalization exceeded $ 20. The previous anti-record at around $ 19.24 was recorded on January 11.Below are the estimated gas costs for various types of transactions at a median gas price of 198 Gwei.At the time of writing, the transaction fee for an exchange transaction on Uniswap is $ 39.52, a deposit on Compound is $ 58.95. The number of transactions on the Ethereum network almost peaked in early January 2018, when the ICO fever was in full swing.The increased load on the Ethereum blockchain with the still unresolved scaling problem is one of the main reasons for the rise in gas prices and, accordingly, fees.