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Leon Waidmann | Onchain Insights pfp
Leon Waidmann | Onchain Insights
@leon-waidmann
Unichain transactions are basically free ๐Ÿ’ธ Median fees have crashed below every major network: ๐Ÿ”ธ $UNI โ‰ช a cent ๐Ÿ”ธ $SOL still ultra-low but higher ๐Ÿ”ธ $BASE climbing with activity ๐Ÿ”ธ $BNB steady in the sub-penny range ๐Ÿ”ธ $BTC sits over a dollar When users can move value for almost nothing, new onchain use cases open up fast. https://onchain.org/onchain-intelligence-dashboard/blockchain-transaction-costs-overview/
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Joe Crypt pfp
Joe Crypt
@josephcrypt
Can you give a brief explanation on what "median fees" are ?
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Leon Waidmann | Onchain Insights pfp
Leon Waidmann | Onchain Insights
@leon-waidmann
Median fees are the middle value of all transaction fees during a specific period. That means 50% of users paid more and 50% paid less. ๐Ÿ”น Why not use average (mean) fees? Because a few super high-value transactions (like MEV bots or whales) can skew the average and make it look like fees are higher than what most users actually pay. ๐Ÿ”น Why median is better: It filters out extreme outliers and gives a truer picture of what a โ€œtypicalโ€ user is paying. ๐Ÿ“Š So when we talk about median fees, weโ€™re asking: โ€œWhat does a normal user pay to send a transaction right now?โ€ Itโ€™s the most accurate way to compare real user costs across blockchains.
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