Ethereum (ETH) February 2025 Price Prediction
Ethereum (ETH) has been making headlines in the cryptocurrency market today. The altcoin has emerged as the talk of the town for various reasons. While the second-largest cryptocurrency continues to struggle in terms of price, the daily transaction fees of the network saw a massive plunge. Amidst all these updates, the community is expecting a rise towards $4,000 or at least recovery for ETH this month. Also Read: Unlock Wealth: 2 Altcoins to Invest in for Millionaire Status by 2030 Ethereum’s Gas Price Dips Source: AscendEx At 0.808 gwei, or $0.05 per transaction, the average gas charge for an Ethereum transaction has fallen to its lowest point in the previous five years. For Ethereum, which has risen to as high as $100 in previous years, this drop in gas prices marks a historic occasion. The value of gas surcharges peaked in 2020 at 709.7 gwei, or around $196 per transaction. The NFT trend, growing interest in DeFi applications, and greater network traffic were the primary cause...