Ethereum’s high transaction fees has been a sticky issue for the blockchain in the past. This led to Layer 2 chains and scaling solutions developing alternatives for users looking to transact at a lower cost. The issue seems to have de-escalated with Ethereum’s average fee level dipping to $1.12 per network transaction. This is one of the lowest levels noted since October 18. Ethereum transaction fee declines: Data from Ultrasound Money shows that Ether’s circulating supply has surged, climbing to the highest level witnessed since March. A little over 120 million Ether is in circulation now and the sharp increase in ... (full story)