Gas Fees On The Rise

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3 years ago

Transaction fees on the Ethereum network have been on the rise for a while now, making it expensive to send transactions or interact with ETH Dapps.


Recently, the network used 74.033 billion Gwei, an all-time high.


The main consumer of fees happens to be the stablecoin, TetherĀ (USDT).


Over the past month, Tether transactions resulted in $2.4 million in Gas fees

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Comments

All expect transaction cost be lower with 2.0 but are there any estimations? Thanks

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3 years ago

I'm not sure

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3 years ago

I am not using ETH.

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3 years ago

I don't use #ETH now. I am more into #XRP and #BCH

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3 years ago