Lower Cost For Users, More Value for Validators
According to Crypto Fees, currently the Ethereum network is only producing fees in the $ 1.6 million range compared to Bitcoin $ 895,000. Also, an average of seven days in fees, Ethereum logged $ 2.43 million compared to Bitcoin $ 1.97 million.
Another important comparison to note is the transaction costs of making Bitcoin transactions as well as the total amount of time it takes to complete them. As stated above, the average Ethereum fee from the last few weeks is around IDR 4,250 and it only takes a short time to complete a transaction (assuming the gas costs are quite high).