Eth Platform Hike in Gas Fee

Ethereum is the second cryptocurrency in the list after BTC that has a larger market cap and third in a list of 24-hour high trade volume. Since last month there has been a hike in gas prices of the eth platform transaction fee and it was seen that some users paid up to 11 dollar fee which is very high if you compare it with bitcoin cash (BCH) which has a minimum 1 BTC sat fee.

At the time of writing, Ethereum is still down to $376 from 396 dollars and still going down but the gas prices are already double in the last 24 hours.

As you can see Eth platform is asking for the 0.012+ ETh for a normal fee transaction which is very high and most of the token value is lower which is impossible to trade during this platform load. So all we have to do is wait for the Eth 2.0 which we hope overcome such problems.