Ethereum Fees Drop 53% in 20 Days — Polygon Hermez, Loopring Offer Lowest L2 Fees – Altcoins Bitcoin News

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Ethereum Fees Drop 53% in 20 Days — Polygon Hermez, Loopring Offer Lowest L2 Fees – Altcoins Bitcoin News
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Ethereum fees reached a high on January 10, at $52.46 per transaction and the current average fees today are 53.03% lower.

The median-sized fee on Ethereum on January 30, 2022, is $10.82 per transfer. Fee stats stem from bitinfocharts.com data.show the MSF on Ethereum today is $8.37 to send ethereum, $19.14 to send tokens, and to swap tokens it costs $41.87. Polygon Hermez is the cheapest Layer two transfer fee today with $0.25 per transfer.

Loopring fees are $0.29, Zksync fees are $0.37 per transfer, Optimistic costs $1.75, Arbitrum transfers are $1.91, and Boba Network L2 fees cost $2.24 per transfer. To swap tokens Loopring will be $0.65 per swap, Zksync is $0.90, Optimistic is $2.58, Boba Network is around $2.94, and Arbitrum is $3.30 per transaction.

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