Bitcoin and Ethereum Fees Collapse: Transaction Costs Plunge Over 90% Year-on-Year

Operational expenses for executing transactions on the two leading layer one (L1) blockchain protocols have diminished notably relative to the same period in 2024, reflecting a striking recalibration. Cheaper Than Ever: Blockchain Users Reap Benefits of Fee Freefall Reflecting on last April, the average fee to transact on the Bitcoin blockchain hovered at $16.16 per