Bitcoin transaction costs have climbed sharply over the past three weeks, peaking at $15 per transaction three days ago. Likewise, Ethereum’s transfer costs have also increased significantly. Between October 22 and November 12, 2023, the average fee for Ethereum transactions surged 219%, from $2.08 to $6.64 per transaction.
On Sunday, November 12, the cost of moving assets across different chains via the bridge was estimated at $8.93 to $9.17. From October 22, 2023, to November 11, 2023, Ethereum processed approximately 1,071,448 transactions per day on average.
Etherscan data shows that the regular value of Ethereum Gas is temporarily reported at 27 gwei, and the cost of performing a Swap is approximately US$19.74. (Bitcoin.com)