Ethereum’s supply has been inflating for 73 days straight
[Jun 25 9:31 PM] The supply of ETH has been gradually increasing since mid-April with the Dencun upgrade decreasing competition for block space on the mainnet.
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Meme Token Frenzy Drives up Ethereum Fees, Testing Network’s Scalability
[Mar 9 10:08 AM] Amid a significant uptick in ERC20 tokens, especially meme coins, the expense of conducting transactions on Ethereum has notably increased, pushing the average fee to $22.19 for each operation. Further data indicates that executing a swap on a…
Is Ethereum Outshining Bitcoin in Terms of Fees? Crypto Voices Share Thoughts
[Sep 9, 2023 4:47 PM] Lately, the crypto sphere, with bitcoin aficionados in particular, has been buzzing with chatter about the fees pocketed by BTC miners. They’re pondering if these fees will adequately offset the impending 2024 halving and the accompanying…
Ethereum Network Fees Surge 153% in 30 Days, While Arbitrum Daily Transactions Outpace ETH Following Shapella Upgrade
[May 1, 2023 12:00 PM] Ethereum network fees have experienced a significant upswing following the implementation of the Shapella upgrade on April 12th. In the last 30 days, onchain fees have soared by over 153%, from a prior rate of $4.65 per transfer to a current…
Ethereum Network’s Rising Gas Fees in 2023: A Balancing Act of Growth and Cost
Stats Show Ethereum Transaction Fees Have Remained Under $5 During the Last 175 Days
[Dec 10, 2022 12:30 PM] Fees tied to the Ethereum network have been under the $5 region per transaction during the last 175 days, according to statistics. Metrics show that on Dec. 10, 2022, the average ethereum transfer is around 0.0023 ether or $2.87 while the…