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EthereumL1

ETH$2,094−0.3% 24h

Fair price

$4,313

+106% from $2,094

Pays $1.27K per $1 of yearly fees · median $2.61K

Undervalued rank

#24of 59

#24 of 59 ranked by revenue multiple (90d)

Revenue multiple vs other chains

Key figures

FDV
$256B
fully diluted
Market cap
$256B
circulating
Yearly fees
$202M
$49.8M over 90/90 days
Transfer fee
$0.003423
to send the native token
Avg tx fee
$0.2871
observed mean · 90d
Transactions
173M
90d · 90/90 days

// fee history

Daily fees

Latest day
$333KNov 9
Daily average
$553K90 days
Peak
$6.58MOct 29
Coverage
90/90dcomplete

Ethereum daily fees from Aug 12, 2026 to Nov 9, 2026: latest $333K, average $553K per day, peak $6.58M on Oct 29, 2026.

Complete UTC days through Nov 9, 2026. Missing days are left as gaps, never filled with zero. The range only changes the view; the multiple uses the 90d window.

// peers

Chains like Ethereum

// next

Put Ethereum side by side with another chain

Fair price, value vs fees and fees, side by side.

Full ranking

// about

Ethereum’s fees and valuation

Ethereum ranks #24 of 59 chains by revenue multiple. The market values it at $256B FDV against $202M of yearly network fees, 1,268×, still below the median. Priced like the median chain, ETH would trade at $4,313 (+106%).

For comparison, Ethereum is 14× cheaper than Bitcoin (18,076×).

On Ethereum today, sending ETH costs about $0.0034, and the average transaction pays $0.29 in fees.

What these terms mean · Every chain, ranked

// faq

Ethereum FAQ

Is Ethereum undervalued?

By its fees, yes. Ethereum trades at a revenue multiple of 1,268×, 2.1× below the median chain, and ranks #24 of 59 most undervalued.

How much does Ethereum earn in fees?

$202M a year, annualized from the last 90 days of network fees (DefiLlama).

How much does a Ethereum transfer cost?

About $0.0034 to send ETH right now, read live from the network every hour.

What would ETH be worth at a fair revenue multiple?

$4,313, +106% from $2,094 today. That's the price at the median revenue multiple of all ranked chains.