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Crypto user fat fingers $90K fee for a $2K ETH transfer
12.8.2024
An anonymous user appears to have accidentally spent 34 ETH to transfer a little more than $2,200 in ETH
Bitcoin and Ethereum transaction fees plummet to lowest level in 7 months
24.6.2024
In 2024, Bitcoin transaction fees have stayed relatively low, particularly since the April Bitcoin halving, which reduced the BTC mining reward by half
Latest Solana Meme Coin ‘AI’ Blasts Up 649.38% and Traders are Now Stacking This Other Coin
19.2.2024
As Solana meme coin markets remain supercharged hives of activity amid high ETH gas fees, AI has broken out as the latest major coin pump, but with AI price analysis revealing a potential downturn despite AI narrative – could stacking this other coin offer better returns? This article will...
Ethereum’s Vitalik Buterin Proposes Gas Limit Increase
13.1.2024
Amidst escalating transaction fees, Ethereum’s Vitalik Buterin has suggested a substantial gas limit increase, potentially boosting network capacity and reducing user expenses. Ethereum’s Vitalik Buterin Advocates for Higher Gas Limit to Improve Network Capacity Ethereum ecosystem...
Binance wallet spends almost $1M in ETH gas fees in one day
21.9.2023
Binance reportedly said that they were doing a wallet aggregation process to ensure the safety of user funds
Should You Buy SOL? Solana Price Prediction Surges as SOL Blockchain Attracts a Wave of New Users Amidst High ETH Gas Fees
24.5.2023
Solana (SOL), a blockchain platform known for its scalability and low transaction fees, has recently gained significant attention as it attracts a wave of new users.
The surge in interest comes as Ethereum (ETH) gas fees remain high, prompting many users to explore alternative options.
The...
Solana Price Prediction as SOL Blockchain Sees Huge Surge in New Users Following Spike in ETH Gas Fees – Time to Buy?
17.5.2023
The Solana network, a layer-1 smart-contract-enabled blockchain protocol famed for its high transaction throughput and low gas fees, has seen a spike in daily users in recent weeks.
As per data presented by Token Terminal, the number of daily active users on the blockchain recently spiked to...
Reddit partners with FTX to enable ETH gas fees for community points
9.8.2022
With the new integration, Reddit users will be able to purchase Ether from supported Reddit apps via FTX’s payment and exchange infrastructure platform FTX Pay
While the Bear Market’s Claws Drag ETH Prices Down, Ethereum Network Fees Remain Low
31.7.2022
While ethereum prices jumped 61% higher during the last 30 days, the crypto asset’s U.S. dollar value is still down more than 60% lower than ether’s all-time high recorded nine months ago. Amid the market downturn, the network’s average fees have been lower than $5...
Ethereum Transaction Fees Hit a 10-Month Low as Gas Costs per Transfer Sink Below $3
30.5.2022
The average Ethereum network fee has dropped to the lowest value recorded in over ten months, after fees hit a low of $2.96 per transaction on Sunday afternoon (ET). The last time ethereum transfer fees dropped below the $3 mark was last year on July 11, 2021. Moreover, median fees are even...
L1 Ethereum Network Fees Drop to Levels Not Seen in Over 2 Months, L2 Fees Follow
17.5.2022
Ethereum network fees have dropped a great deal this week, sliding under $10 per transaction to levels not seen since March 10, 2022. On May 17, the average ethereum transfer fee is 0.0027 ether or $5.68 per transaction. The cheaper fees on layer one (L1) have made it so layer two (L2) fees have...
ETH gas price surges as Yuga Labs cashes in $300M selling Otherside NFTs
1.5.2022
While the Otherdeed NFTs could be minted only in APE, it also required ETH for gas fees
Following a Brief Fee Spike, Gas Prices to Move Ethereum Drop 76% in 12 Days
17.4.2022
Transaction fees on the Ethereum network are dropping again after average fees saw a brief spike on April 5 jumping to $43 per transfer. 12 days later, average ether fees are close to dropping below $10 per transaction and median-sized fees have slid below $4 per transaction. Moreover, layer...
Average Ethereum Gas Fee Jumps to $20 per Transfer, L2 Fees Follow Rise
3.4.2022
While Ethereum network fees to transfer data dropped significantly in recent times, tapping a low of $5.98 per transaction in mid-March, gas fees are rising once again on the second-largest cryptocurrency network in terms of market valuation. On Sunday, April 3, the average transaction network...
Ethereum Fees Sink to Lowest Rate in 7 Months, Most L2 Fees Under $1 per Transfer
8.3.2022
Ethereum fees have continued to slide week after week and are now at the lowest value in seven months. On Tuesday, March 8, the average layer one (L1) Ethereum gas fee is 0.0042 ether or $10.89 per transfer. At the same time, median-sized gas fees are much lower as well, hitting values not seen...
Ethereum Network Fees Continue to Drop — Transfer Fees Hit Lowest Rate in 6 Months
28.2.2022
It’s getting cheaper to send ethereum these days as the gas price to push a transaction is more than 80% less expensive than it was to transact with ether 48 days ago on January 10. On that day, Ethereum network fees were around $52 per transaction and today, the average transaction fee...
Ethereum Fees Drop to the Lowest Rate in 4 Months, 71% Lower Than Transfer Fees in January
13.2.2022
The average transaction fee on the Ethereum network has dropped to the lowest level in four months, according to statistics on February 13, 2022. Mid-September 2021 was the last time gas fees on Ethereum were this low, as average fees have dropped to roughly $15.13 per transfer. Ethereum Fees Slide...
Ethereum Fees Drop 53% in 20 Days — Polygon Hermez, Loopring Offer Lowest L2 Fees
30.1.2022
Ethereum’s average network fees have dropped to the lowest value in 30 days at 0.0096 ether or $24.64 per transaction. Median-sized ethereum fees are lower today as well, as fees are between $8.37 to $10.82 per transaction as ether fees haven’t been this low since January 1. Onchain...
Ethereum Fees Drop 35% Since Last Week, Average ETH Gas Fee Still Above $30 per Transfer
19.1.2022
According to statistics, Ethereum network transaction fees have dropped 35% from the transfer fees recorded seven days ago. At the time of writing, the average fee to transact with ethereum is 0.0099 ether or $30.85 to $33.04 per transfer. The cheapest Layer two (L2) method to transfer ether...
Gas DAO Project Forms to Airdrop Tokens to Ethereum Users That Spent $1,559 in Fees
29.12.2021
A new type of airdrop has been very popular during the last quarter of 2021 as quickly assembled decentralized autonomous organizations (DAOs) have been distributing lots of value to existing crypto users. Just recently, Opendao gave Opensea users an airdrop and many people accrued thousands...