📉 Ethereum network fees are falling: The average fee fell to $1.13 this week. This may indicate that ETH's price is ready to recover. 🚀
- Crypto analytics firm Santiment stated that low Ethereum gas fees could lead to an increase in the price of ETH.
- Since Ethereum's usage cost is low, the probability of repeating past events increases.
- These developments coincide with the launch of ETH futures ETFs in the US.
Investors hope that ETH will reach and perhaps surpass the $2,000 level before 2023. However, currently ETH price is hovering around $1,640 according to CoinMarketCap data.
