Odaily Planet Daily News According to Slim Daddy, an analyst at IntoTheBlock, the average transaction fee for Ethereum fell below $2.6 per transaction on April 27. According to data from IntoTheBlock, the last time transaction fees dropped was in October 2023, when it reached as low as $1.78. The decrease in average transaction fees usually indicates that the efficiency of the blockchain network in processing transactions is improving and network congestion is decreasing.