⚡Algorand weekly transaction fees hit a recent low, averaging just $0.000164 per transaction
On Wednesday, Algorand recorded its lowest average transaction fee in the past week, at just $0.000164 per transaction.
The network’s low-fee advantage is becoming more pronounced, making it suitable for small transactions and micropayments.
Algorand uses a fixed, non-auction fee model with no gas wars, keeping fees extremely low when the network is idle.
$ALGO
On Wednesday, Algorand recorded its lowest average transaction fee in the past week, at just $0.000164 per transaction.
The network’s low-fee advantage is becoming more pronounced, making it suitable for small transactions and micropayments.
Algorand uses a fixed, non-auction fee model with no gas wars, keeping fees extremely low when the network is idle.
$ALGO