Monero network fees have dropped by more than 90%.

Average transaction fees in the main network Monero decreased by more than 90% – from $ 0.60 to $ 0.02. This was made possible through the implementation of the Bulletproofs protocol.

Average fee has plummeted from 60 cents to 2 cents https://t.co/V6Nwejuo6L pic.twitter.com/d6d8qYB8WU

– CoinMetrics.io (@coinmetrics) October 20, 2018

At the same time, the average transaction size fell by more than 80% – from 18.5 KB to 3 KB.

Bulletproofs update: 3kb versus a pre-fork average of 18.5kb https://t.co/V6Nwejuo6L pic.twitter.com/lvGOlQcidZ

– CoinMetrics.io (@coinmetrics) October 20, 2018

Recall earlier in the Monero network held hardfork.

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