Ethereum transaction fees have witnessed a dramatic surge of 160% this week, according to BlockBeats data. This increase is directly tied to the network’s heightened activity levels. A […]
Ethereum Raises Gas Limit for Enhanced Efficiency and Reduced Fees
Ethereum is set to raise its gas limit from 30 million units to 60 million, a move that aims to boost network efficiency and lower transaction costs. This […]
Ethereum Upgrades Gas Limit for Faster Transactions and Reduced Fees
Ethereum is making major upgrades to its network capacity, aiming to create a faster, cheaper, and more efficient experience for users and developers. A 66% increase in the […]
Ethereum Transaction Fees Drop to 5-Year Low: An Opportunity for Investors?
A significant drop in Ethereum transaction fees has been observed, reaching a five-year low. This decrease can potentially offer an investment opportunity, as the lower costs could facilitate […]
Avalanche Octane Update: Lower Fees, Faster Transactions
Avalanche has implemented its latest major update, known as Octane, aimed at streamlining transaction costs and enhancing network speed. A new fee mechanism has been introduced to efficiently […]
Panic-Fueled Bitcoin Transaction Wastes Over $70,000 in Fees
A user’s frantic attempt at re-routing a Bitcoin transaction resulted in them paying over $70,000 in fees. The misdirected move involved an ‘replace-by-fee’ (RBF) attempt to alter the […]
Ethereum Transaction Fees Hit Record Low
The price of sending transactions on the Ethereum network is at an all-time low since February 2020, with daily fees averaging below $500,000. While activity remains consistent around […]