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Crypto Thursday: Average Transaction Fees of Top Cryptocurrencies Over the Last 12 Months

Sep 20, 2018

The Data Daily: Where the charts tell the story

This week we look at the average transaction fees of 5 key cryptocurrencies over the last year.

From the graphs below we observe:

  • Transaction fees have generally trended downward over the summer pointing to less demand for cryptos
  • Downtrending transaction fees are causing miners to lose out on mining profits, but miners may be maintaining their position as they see long-term benefit in their respective cryptocurrency

 

Bitcoin Average Transaction Fee 2015-2018

Bitcoin Cash Average Transaction Fee 2015-2018

Ethereum Average Transaction Fee 2015-2018

Litecoin Average Transaction Fee 2015-2018

Ripple Average Transaction Fee 2015-2018

Source: bitinfocharts.com all graphs