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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...
How to Use Layer-2 Solutions to Save on Ethereum Fees: Optimism
22.2.2022
Ethereum (ETH)’s scaling challenges have led to exorbitant gas fees that are increasingly excluding people from using the network to access decentralized finance (DeFi) applications or to mint non-fungible tokens (NFTs)....
Read More: How to Use Layer-2 Solutions to Save on Ethereum Fees:...
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...
How to Use Layer-2 Solutions to Save on Ethereum Fees: Immutable X
2.2.2022
The Ethereum (ETH) network has been struggling to scale, plagued with skyrocketing gas fees and slow transaction confirmation times. Following the explosion of decentralized finance (DeFi) and non-fungible tokens (NFTs) over the last two years, the strain on the network has become palpable...
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...
How to Use Layer-2 Solutions to Save on Ethereum Fees: Arbitrum
11.1.2022
Blockchain networks offer an option of decentralization, transparency, security, and trustless communication to facilitate new Internet-native economies. But many leading blockchains haven’t been able to accommodate their growing number of users. High adoption rates of Layer-1 (L1) chains have...
Ethereum Gas Fees Are Currently 62% Cheaper Than Last Month
26.12.2021
Since November 9, 2021, or 46 days ago, transaction fees on the Ethereum network have been cut by more than half the rate they were on that day. At the time, the average fee to move ethereum was $62.84 per transfer and since then, the fees have dropped 62.85% to $23.34 per transaction. From...
Vitalik Buterin Proposes New EIP to Tackle Ethereum’s Sky-High Gas Fees
29.11.2021
Ethereum (ETH) co-founder Vitalik Buterin has put forward a new Ethereum Improvement Proposal (EIP) that aims to tackle the network's gas fee problems by adding a limit on the total transaction calldata, which would, in turn, should reduce transaction gas cost....
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Ethereum bulls likely to profit $130 million on ETH options despite two-week slump
25.11.2021
$1.25 billion in ETH options expire on Nov. 26 and bulls are better positioned above $4,200
Ethereum Gas Fees Highest During US Business Hours, Coin Metrics Finds
24.11.2021
Ethereum (ETH) fees are still on the rise, with no day so far in November seeing average transaction fees of less than USD 30. However, the fees vary significantly depending on the time of day transactions are made, opening up opportunities for savings, a new report from on-chain analytics firm...
Ethereum Fees Pushed Higher by DEX Trading as Optimism's Upgrade Nears
10.11.2021
As Ethereum (ETH) continues to be plagued by high gas fees, the layer 2 (L2) scaling solution Optimism is expected to launch a major upgrade on November 11....
Read More: Ethereum Fees Pushed Higher by DEX Trading as Optimism's Upgrade Nears
Layer-2 and multi-chain DeFi platforms see record inflows as Ethereum fees soar
4.11.2021
Since October, Multi-chain compatible DeFi platforms saw record inflows as investors and developers attempted to avoid the Ethereum network due to soaring gas fees
While Ethereum Prices Skyrocket, Ether Gas Fees Surge Fueling Costly Transfers
30.10.2021
On October 29, 2021, the second-largest crypto asset in terms of market valuation, ethereum, reached an all-time price high at $4,467 per unit. Meanwhile, after the Ethereum network’s Altair upgrade went live, ether gas fees have skyrocketed significantly. As Ethereum Tests New Price Highs...
Non-Custodial Dex Platforms Continue to Expand — Curve, Pancakeswap, Sushiswap, Uniswap Lead the Pack
26.10.2021
Five years ago, there was a large quantity of digital currencies and blockchains, but there were very few trading platforms that dealt with decentralized exchange. Since the boom of decentralized finance (defi), there’s now a myriad of decentralized exchange (dex) platforms that allow people...
Altcoin Roundup: High Ethereum fees kick-start a liquidity migration to layer-1 platforms
11.9.2021
Ethereum competitors and layer-one projects are capitalizing on the network’s untenable gas fees by launching mining and developer incentives that are also boosting token prices
Ethereum Fees Jumped 154% Since Last Week, $400 Uniswap Fees, $1K to Interact With Opensea
29.8.2021
Following the bug and the split that occurred after a great number of Geth nodes did not upgrade, Ethereum fees have risen dramatically since August 21, jumping from $11 per transaction to today’s 0.0088 ether per transaction ($27.98). Ethereum Transaction Fees Skyrocket Ethereum is...
Ethereum traders expect volatility ahead of Friday’s $820M options expiry
25.8.2021
Overly-confident Ethereum options traders are nervously watching the $3,200 level ahead of this week’s $800 million ETH options expiry
Ethereum Fees Highest Since May as NFT Craze Continues
18.8.2021
The fees required to make transactions over the Ethereum (ETH) network have surged to levels not seen since the crypto markets peaked in May this year, as a new wave of non-fungible token (NFT) trading congests the network.
As of Tuesday this week, the average Ethereum transaction fee was at...