As you might have guessed from the name, this tool shows you each network’s fees for the past 24 hours or seven days. It’s an easy metric to use when analyzing the traffic and usage of a blockchain network. Networks with high fees are typically experiencing great demand.
However, you shouldn’t just take this metric at face value. Some blockchains are built with low fees in mind, making a comparison with other networks challenging. In these cases, it’s best to look at the figure in tandem with the transaction amount or another metric. For example, large market cap coins such as Dogecoin or Cardano are low in the overall charts due to their cheap transaction fees.