Mean transaction fees

What is "Mean transaction fees"?

The average transaction fee in the native currency, calculated as the ratio of total fees to the number of transactions over the selected period.

What is "Mean transaction fees in USD"?

The average transaction fee expressed in US dollars, calculated as the ratio of total fees in USD to the number of transactions over the selected period.

Why are "Mean transaction fees" and "Mean transaction fees in USD" important?

Mean transaction fees help assess the overall cost level for users and the degree of network congestion. An increase in mean fees can indicate intensified competition for transaction inclusion in blocks and higher demand for block space.

The native-currency metric supports analysis of within-network dynamics, while the USD metric enables comparison of fees over time and across different blockchains.