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Explore reduced transaction fees in Bitcoin and Ethereum blockchains. Are these lower fees a signal for traders to enter the market? Discover more about current transaction costs and its impact on ecosystem growth.

Recent reviews indicate that transaction costs within the Bitcoin and Ethereum blockchains remain at a low level. On March 15, 2025, the transaction fees for priority Ethereum transactions for faster speeds were around 1.53 GWEI or about $0.05, while the fees for standard or slower transactions varied between 1.07 to 0.57 GWEI (0.03 to 0.02 dollars). Activities like token exchange on decentralized exchanges (DEX), NFT trading, asset bridging, and utilization of lending protocols continue to operate with low fees. Users can exchange tokens with a cost of $0.81 for fast transactions and only $0.30 for lower-cost options. The estimated cost for fast NFT sales is around $1.38, but many users can do it for $0.51. Additionally, asset bridging costs only $0.10 and using lending protocols costs $0.69. Meanwhile, direct Ethereum transfers are always cheaper than using smart contracts due to the increased computational resources required for smart contracts. On the other hand, Bitcoin transactions are also being conducted with low fees. Over the past 30 days, the daily number of Bitcoin transactions has varied between 300,000 to 530,000, and the network mempool has been reported almost empty. Amidst this, the cost of priority Bitcoin transactions has been 2 satoshis per virtual byte (sat/vB) or $0.24, and the average fee paid is around $1.03 (0.000012 BTC). It appears that despite the increase in transaction volume on both networks, transaction costs still remain at a reasonable level, a factor that can contribute to the growth and further acceptance of these ecosystems. On the momentary digital currency price page, you can observe the prices of all tokens and cryptocurrencies live and in real-time.

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