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Stellar (XLM) Transaction Fees Hit 7-Day Low Just After Activity Peaks

Stellar (XLM) Transaction Fees Hit 7-Day Low Just After Activity Peaks

Photo: U.Today

Stellar (XLM) recorded its lowest average transaction fee in seven days on October 11, even as network activity reached its highest daily level of the week, according to blockchain fundamentals tracker Chainspect. The average transaction fee fell to just $0.00012 on October 11, Chainspect wrote, highlighting Stellar's ability to process transactions at a minimal cost during a period of heightened activity. At that rate, a transaction fee amounts to only a tiny fraction of a cent. "Stellar came in with its lowest average transaction fee of the past 7 days. The average fee was $0.00012 on October 11.

Source: U.Today

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