CRYPTO NEWS: The Ethereum network set a new throughput record yesterday, processing over a half million transactions in less than a 24 hour period.*
While the network usage has risen exponentially, transaction fees have remained the same. Most transactions can be completed for around $0.70, substantially less than fees on many other networks.
The network will likely continue to see increasing volume as the Metropolis hard fork comes online in coming months. The first half of the fork, Byzantium, is scheduled to be brought online starting September 18th.**
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* Information source: altcointoday
**Information provided is not a reliable indicator of future performance
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