Ethereum -Costs fall until 2019 -thevaas -Details

Ethereum transaction costs have fallen to their lowest point in five years. The drop comes as users withdraw from the network in the midst of economic problems, according to data from Santiment, an on-chain analytics platform.

Related lecture

Ethereum -transaction costs fall to just 17 cents

The average reimbursement to process a transaction on Ethereum is now around $ 0.168. This steep decline corresponds to a pattern of reduced activity, where fewer people send ether or use smart contracts on the blockchain. Brian Quinlivan, marketing director at Santiment, explained the situation In a blog post of April 17.

Market security keeps traders on the sidelines

According to Quinlivan, low network costs often appear before the price translations. However, many traders seem to wait for global economic questions before they return to their normal trading patterns.

🚨💸 Breaking: Ethereum costs are at a low of 5 years, with transactions that currently only cost $ 0.168. These are the cheapest daily costs of making $ ETH Transfers since May 2, 2020. We briefly break this up in our last insight. 👇https://t.co/fg5cfrgshn pic.twitter.com/qllwyzdm1f

– Santiment (@santimentfeed) April 16, 2025

The hesitation continues after the worries of the market that had started from 2 April, with US President Trump announced radical rates. In addition to cryptocurrency, traditional markets were found to be affected, where most assets come out under the conditions for the announcement.

Pectra Upgrade Set for launch on May 7

Despite this market crisis, the development of Ethereum is on the move. Pectra is finally planned to go live on May 7 after a few delays because of the configuration hic cups and an unknown attacker who causes problems during the test network tests.

The first part of Pectra will bring countless improvements to the network, such as an increase in Layer-2 Blob capacity of three to six, transaction costs reduction, lighting of network capacity, and also enable users to pay reimbursements with stablecoins such as USDC and DAI. The upgrade will also increase the maximum expansion limit from 32 ETH to a much larger 2,048 ETH.

A second phase planned for the end of 2025 or early 2026 will add new data structures for better storage efficiency. It will also make a system that helps nodes to verify transaction data without saving the entire data set.

Long -term holders start selling positions

In the meantime, data from Lookonchain shows that long-term Ethereum holders are now selling their positions, even after keeping earlier market cycles. This turnover takes place in the price range from $ 1,500 to $ 1,700.

After holding $ ETH For 11 months, this guy capitulated and sold all 1,160 $ ETH($ 1.83 million) with a loss of $ 2.6 million (-58.6%)!

11 months ago he withdrew 1,160 $ ETH($ 4.43 million) of #Okx for $ 3,816, and deposited it #Okx For $ 1,580 ~ 30 minutes ago, lost $ 2.6 million (-58.6%). … pic.twitter.com/cl0ebxie1f

– Lookonchain (@lookonchain) April 16, 2025

The sales activity has created mixed signals for market guards. Some analysts regard this as a warning signal of a possible sale. Others believe that it can lead to market stabilization.

Related lecture

This sale comes at an interesting moment, with network use at multi -year lows but large technical upgrades on the horizon. Based on the assessment of Quinlivan, a reduced interest in retail trade in combination with current development can create conditions for “a final surprise rebound with little resistance.”

Ethereum -Price H has fallen by more than 11% in the past two weeks. Based on figures from Coinmarketcap, this cryptocurrency is now traded just below $ 1,600. The price has remained unchanged for the past 24 hours.

Featured image of Capital One, graph of TradingView