Mean transaction gas price

What is "Mean transaction gas price"?

The average gas price paid per transaction, expressed in the native unit (Gwei), calculated across all transactions over the selected period.

What is "Mean transaction gas price in USD"?

The average gas price per transaction expressed in US dollars, calculated across all transactions over the selected period.

Why are "Mean transaction gas price" and "Mean transaction gas price in USD" important?

Mean gas price reflects demand for block space and users’ willingness to pay for transaction inclusion. An increase typically indicates stronger competition for processing priority, while a decrease indicates lower network congestion.

The native-unit metric supports within-network analysis, while the USD metric enables comparison of network usage costs over time and across different market conditions.

How are "Mean transaction gas price" and "Mean transaction gas price in USD" calculated?

Mean transaction gas price = sum of gas prices across all transactions / number of transactions.

Mean transaction gas price USD is calculated by converting gas prices to USD and then averaging across all transactions over the period.