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According to Golden Finance, IntoTheBlock analyst Slim Daddy said that the average transaction fee for ETH fell to less than $2.6 per transaction on April 27th.
According to IntoTheBlock's data, the last time we saw such a fee drop was in October 2023, when it dropped as low as $1.78.
The average decrease in transaction fees generally indicates that the efficiency of the blockchain network in processing transactions is improving and network congestion is decreasing.