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Ethereum fees poised for rebound amid L2, blob uptick
7.11.2024
In November, L2s have been posting some 3x more transaction data each day to mainnet than they did in March
MARA Reports 2% Increase in Bitcoin Mining for October 2024; Transaction Fees Account for 5% of Total Production
5.11.2024
MARA (NASDAQ: MARA) has released its unaudited Bitcoin production update for October 2024, reporting a total production of 717 Bitcoin, which represents a 2% increase compared to the previous month. The company’s energized hash rate increased by 14% to reach 40.2 EH/s, marking the highest...
Marathon, Riot record highest monthly BTC production since April halving
5.11.2024
Both firms partly attributed the rise in Bitcoin production to increasing their respective energized hash rates in October
Ethereum reclaims 42% outflows from Solana: DeFi Report
31.10.2024
The DeFi Report founder, Michael Nadeau, explained that most of the value that left Ethereum flowed to layer-2s that would continue to drive value to the layer-1 blockchain.
Solana Outranks Ethereum: 75% of Successful Transaction Fees Driven by Peak U.S. Trading Hours
28.10.2024
A recently published report from Coinbase Institutional indicates that Solana has surpassed Ethereum when it comes to transaction…
Solana again clocks record-breaking fee revenue
24.10.2024
Solana generated some $8.7 million in economic value from network activity, up from just under $8 million one day prior, according to Blockworks Research
Solana again clocks record-breaking fee revenue
24.10.2024
Solana generated some $8.7 million in economic value from network activity, up from just under $8 million one day prior, according to Blockworks Research
Raydium beats Ethereum in 24-hour fee revenues
22.10.2024
Solana-based Raydium clocked $3.4 million in fee revenue on Oct. 21 versus $3.35 million for Ethereum, according to DeFiLlama.
Ethereum Users Face Higher Fees as Onchain Transaction Costs Rise
24.9.2024
Since Sept. 15, 2024, onchain fees on the Ethereum network have seen a steady rise, jumping from $1 per transaction to $5.08 by Sept. 20. Though there was a slight dip, bringing fees down to just over $4 on Sept. 23, the average cost per transfer reached 0.0027 ETH ($7.06) on Tuesday morning....
Bitcoin’s Computational Power Falls 9.95% After Record Hashrate
18.9.2024
Recent metrics reveal that after Bitcoin’s network hashrate reached an all-time high of 693 exahash per second (EH/s) and saw a 3.58% difficulty increase, its computational power decreased this week. In the nine days since this peak, the hashrate has fallen by 9.95%. Bitcoin Miners Confront...
Vitalik Buterin sings at Token2049, highlights low L2 fees as ETH milestone
18.9.2024
In the past, Buterin was forced to pay over $800 for a single privacy-preserving transaction, but this is no longer the case thanks to the development of Ethereum layer 2s
Vitalik Buterin sings at Token2049, highlights low L2 fees as ETH milestone
18.9.2024
In the past, Buterin was forced to pay over $800 for a single privacy-preserving transaction, but this is no longer the case thanks to the development of Ethereum layer 2s
Bitcoin and Ethereum Fee Drop: The Perfect Time for Cost-Effective Transactions
13.9.2024
Although both bitcoin and ethereum have been cruising at lower prices compared to earlier this year, there’s been a silver lining: transaction fees on these leading blockchains have significantly decreased. With costs now sitting at notable lows, it could be the perfect moment to fine-tune...
VanEck, StoneX analysts peg Ether price upside at $12K to $22K
11.9.2024
The Ethereum network could generate $66 billion in free cash flow from transaction fees by 2030, VanEck estimates
Report Disputes EIP-1559’s Role in Ethereum’s ‘Ultrasound Money’ Narrative
3.9.2024
Mark Odayan, head of research at 2077 Research, asserts that Ethereum’s EIP-1559 should not be equated with the concept of “Ultrasound Money.” Odayan’s insights aim to clarify the transaction fee mechanism introduced by EIP-1559 and address widespread misunderstandings. Ethereum’s...
Ethereum’s Gas Fees Remain Low While Network Turns Inflationary
31.8.2024
According to recent metrics, Ethereum’s onchain fees continue to stay impressively low, with the average transaction cost this weekend at just 0.00029 ETH or $0.743. Etherscan reports that even high-priority fees are under 1 gwei, sitting around 0.972 gwei as of press time. Additionally...
Bitcoin Runes records 15.6M NFT transactions in 4 months
26.8.2024
Bitcoin Runes, a leading NFT protocol, generated $162.4 million in fees with over 15.6 million transactions, showing potential for long-term market impact
Bitcoin Runes records 15.6M NFT transactions in 4 months
26.8.2024
Bitcoin Runes, a leading NFT protocol, generated $162.4 million in fees with over 15.6 million transactions, showing potential for a long-term market impact
Bitcoin Block 857,911 Delivers $1.12M to Antpool as Miners Enjoy Fee Windfall
23.8.2024
On Thursday, Bitcoin network fees took a significant leap, crossing the $100 mark shortly after 8:45 a.m. EDT. However, this spike was short-lived as fees quickly dropped, settling at just $0.34 per transaction by 7 p.m. EDT. Data collected from the day’s blocks revealed that a few fortunate...
Bitcoin avg transaction fee rises 937.7% in 24 hours
23.8.2024
Bitcoin transaction fees surged nearly 940% on Aug. 22, reflecting heightened network demand and pressure on users