Ethereum’s Gas Fees Remain Low While Network Turns Inflationary

Permalink Report to webmaster

Ethereum's Gas Fees Remain Low While Network Turns InflationaryAccording 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, ultrasound.money data reveals that Ethereum’s issuance rate is currently inflationary, clocking […]

Source: Bitcoin News

#News, #DeflationaryModel, #Ethereum, #EthereumUpgrade, #GasPrices, #Inflationary, #LayerTwoSolutions, #NetworkActivity, #OnchainFees, #TransactionFees