Ethereum gas fees have undergone dramatic shifts since launch. In 2017, average fees were just $0.20. The 2018 ICO boom pushed costs to $1.20. DeFi's explosive growth in 2020 sent averages to $14, while the 2021 NFT frenzy caused fees to peak at $53.16 on May 10, 2021 — a 97% drop since realized by 2025, where the average settled below $1. February 2025 recorded an average fee of just $0.76, representing a 96% reduction from February 2021's $24.25.
Below are the most important facts about this topic, based on current Ethereum network data and research from leading blockchain analytics providers.
Below are the most important facts about this topic, based on current Ethereum network data and research from leading blockchain analytics providers.
The all-time highest average ETH transaction fee was $53.16, recorded on May 10, 2021, during the peak of NFT and DeFi mania.
Yes. As of March 2026, Ethereum's average gas fee is approximately $0.16–$0.22 per transaction — more than 99% below the 2021 peak.