The rise in fees paid in March came along with an increase in the use of the network.
“Ethereum fees have continued to fall, this time sharply declining 37.0% down to a total of USD 424mn,” the report said.
Now, however, CryptoCompare said that the lower fees have brought the average number of ETH tokens burned daily down 49.5% for the month to ETH 3,827.
At 14:03 UTC on Thursday, BTC is trading at USD 40,600, unchanged in a day and down nearly 6% in a week.