The indicator reached $ 62.8 for the first time since May. On November 11, it is approximately $ 56.8
Over the past five days, the average commission on the Ethereum network has grown 72% to $ 62.8, according to BitInfoCharts. On November 7, this indicator was at the level of $ 36.2. As of 12:50 Moscow time on November 11, the average commission in the network of the largest altcoin by capitalization is 0.012 ETH ($ 56.8).
On November 11, Ethereum is trading at $ 4.73 thousand. Since the beginning of the month, the altcoin has risen in price by 12.5%, and its capitalization has increased to $ 560.7 billion. On November 10, the cryptocurrency updated its all-time high above $ 4.87 thousand.
In early August, the London update was released on the Ethereum network, which completely changed the mechanism for calculating transaction fees. Some of the commissions that miners previously received as a reward are now burned. Since then, 843.7 thousand ETH (almost $ 4 billion) have been destroyed, according to the ultrasound.money service.