Since August, gas fees to conduct transactions using the blockchain are at their lowest level. But, they’re still not cheap.

Based on data SourceThe seven-day moving average cost to transact Ethereum as per Coin Metrics was $11.14, as shared by CryptoRank Platform. This puts it back in line with the mid-2013 levels, before it shot up dramatically and reached $55 at the tail-end of 2021.