December 2022 – Ethereum Gas Price Decreased by 19.16%
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Key data
- Average Ethereum gas price decreased by 19.16% in December.
- The number of ERC-20 tokens created in the Ethereum network in December increased by 3.66%.
- Average number of Ethereum transactions per day has been declining for more than seven months now.
- Average number of Ethereum blocks per day has changed by just 0.01%.
- Ethereum total block size per month has increased by 5.36%.
- In December, the average number of unique active crypto wallets per day increased by 6.45% but the average number of unique active smart contracts decreased by 10.9%.
Ethereum gas prices statistics
- Average Ethereum gas price decreased by 19.16% in December.
In December, the average Ethereum (ETH) gas price was 19.2 gwei. In November, it was 22.88 gwei. The gas price decreased by 19.16%.
Ethereum average gas price per month
The minimum value of the gas price in December was recorded on December 25, 2022, and was 13.67 gwei. The maximum value was recorded on December 9th and was 42.47 gwei.
Ethereum average gas price per day in December 2022
Ethereum new smart contracts statistics
- The number of ERC-20 tokens created in the Ethereum network in December increased by 3.66%.
The number of ERC-20 tokens created on the Ethereum network in December was 9,382. In November, this figure was 9,050. It has increased by 3.66%.
Only the Ethereum blockchain shows a slight increase in this indicator. The rest of the EVM-compatible blockchains reduced this indicator or remained at the values of the previous month.
Ethereum transaction statistics
- Average number of Ethereum transactions per day has been declining for more than seven months now.
In November, the total number of Ethereum transactions was 31,264,848, with an average daily volume of 1,042,161 transactions. The number of Ethereum transactions in December was 32,114,441, with an average daily volume of 1,035,949 transactions.
Compared to November, the average number of transactions per day in November decreased insignificantly by 0.59% but it is still a decline, which has been lasting for seven months now.
Ethereum average number of transactions per day
The highest average number of transactions in December was made on December 9, with a peak of 1,932,711 transactions.
Ethereum transactions peak
Ethereum block statistics
- Average number of Ethereum blocks per day has changed by just 0.01%.
- Ethereum total block size per month has increased by 5.36%.
In December, the ‘Ethereum average number of blocks per day’ chart shows interesting statistics. The average number of Ethereum blocks per day in October was 7,157, the average number of Ethereum blocks in November was 7,158 and the average number of Ethereum blocks in December was 7,159.
The difference is only one block or 0.01% per month. After the merge, this indicator is very stable.
Ethereum average number of blocks per day in December 2022
The average block size was 0.51 Gb in November. In December, this value was 0.52 Gb. The average size of blocks mined per day has increased by 1.96% like in the previous month.
Ethereum average daily block size
The ‘Ethereum total block size per month, Gb’ chart shows that the total block size in November was 15.28 Gb. In December, it was 16.1 Gb. The value has increased by 5.36%.
Ethereum total block size per month
Ethereum active addresses statistics
- In December, the average number of unique active crypto wallets per day increased by 6.45%, but the average number of unique active smart contracts decreased by 10.9%.
In November, the average number of unique active crypto wallets per day in the Ethereum blockchain was 401,577. In December, this figure was 427,498 so, it is an increase of 6.45%. The indicator is up compared to November but still well below the autumn values.
Ethereum average number of daily active wallets
In turn, the number of active smart contracts has decreased. This value in November was 25,100. It was 22,633 in December. It is a decrease of 10.9%.
Ethereum average number of daily active smart contracts
Data-driven conclusions
The crypto winter continues into the winter according to all indicators of the Ethereum blockchain in December 2022 uch important indicators as the number of transactions and the cost of gas are declining.
The statistics are slightly improved by single records associated with mints of new NFT collections, such as December 9, for example.
At the same time, the creation of new tokens and active wallets slightly increased, but as part of the general trend, the decline continues and the indicators are still very low.
Max Nekoz is the data analyst and senior innovation manager of the real-time DeFi explorer AnalytEx by HashEx. Max is a crypto enthusiast and has been analyzing blockchains for over five years. For more than two years, he has been working at HashEx Blockchain Security and is actively developing the company’s products.
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Author: Max Nekoz
