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Crypto Thursday: Average Transaction fees for top Utility Tokens

Oct 04, 2018

The Data Daily: Where the charts tell the story

This week we look at the average transaction fees for top utility tokens over the last year.

 

From the graphs below we observe that downtrending transaction fees in utility tokens can be attributed to lagging trading volume caused by decreasing funding levels in initial coin offerings (ICO) -- September 2018 saw the lowest level of ICO funding since April 2017

 

Cardano (ADA) Average Transactions Fees - 1 Year

Ethereum (ETH) Average Transactions Fees - 1 Year

Ethereum Classic Average Transactions Fees - 1 Year

NEM (XEM) Classic Average Transactions Fees - 1 Year

NEO (NEO) Classic Average Transactions Fees - 1 Year