1 / 1 Relevant items tagged with #Gas

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Atari founder’s new firm partners with Skale Labs for gasless blockchain gaming

[Sep 6 8:30 PM] According to Web3 gaming firm Moxy, the deal will save the company around $3.5 million in gas fees annually.

Trader turns $5k into $670K on Ethereum pump.fun rival Ethervista

[Sep 4 5:11 AM] The protocol’s native VISTA token briefly soared to a value as high as $30 million, netting one trader some serious profit. 

Record Drop in Ethereum Gas Fees Marks Historically Bullish Signal For ETH, Analyst Says

[Aug 16 11:27 AM] “Every time ETH gas fees have dropped to rock bottom, it has often signaled a price bottom in the mid-term,” one market watcher said.

Ethereum L2 ecosystem processes a record 12.4M transactions in a day

[Aug 14 4:05 AM] The growth has been primarily driven by memecoin mania on the Coinbase L2 blockchain Base. 

What needs to happen for Ethereum (ETH) price to reach $4K?

[Jul 31 10:40 PM] Ethereum’s Achilles heel is institutional adoption, scalability, and sustainable DApp ecosystem growth.

Oil land buyer LandBridge makes a nod to crypto miners in $320M IPO

[Jun 18 11:30 PM] LandBridge has a huge amount of land in the middle of America’s oil country, but it also says it can make big money off crypto miners.

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…

Government of Russia Eyes Commodity-Like Crypto Exports

[Dec 15, 2023 11:30 PM] The government of Russia might allow crypto miners to sell their cryptocurrency like other exports such as gas. Ivan Chebeskov, deputy minister of finance, specified that this option was part of a bill to legalize cryptocurrency mining introduced…

Ethereum Daily Revenue Soars To A 4-Month High Of $10 Million

[Nov 10, 2023 9:00 PM] When Ethereum (ETH) exploded past $2,000 on November 9, Erik Smith, the Chief Investment Officer of 401 Capital, observed that the platform’s average daily revenue surged to the highest level in four months. According to data, Ethereum…

Ethereum Layer-2 Booming: Will Gas Fees Drop Even In A Bull Market?

[Nov 6, 2023 6:00 PM] The adoption of Ethereum layer-2s is on the rise if Token Terminal data shared on November 6 is anything to go by. According to statistics from the blockchain analytics platform shared by Erik Smith, the Chief Investment Officer (CIO) of 401…

Ethereum Handled Friend.tech Frenzy Without 'Gas Fee' Spike. Why That’s a Big Deal

[Aug 30, 2023 9:00 AM] Friend.tech, Crypto's latest fad, didn't drive up congestion and fees on Ethereum the way frenzies have in the past – possibly a sign that the blockchain's efforts to scale by fostering supplemental "layer-2" networks, like Coinbase's new Base, are…

3 key Ethereum price metrics point to growing resistance at the $1,750 level

[Jun 16, 2023 1:30 PM] Ethereum price looks poised for additional downside as low as the $1,560 level.

Fantom starts paying developers to generate gas fees

[May 31, 2023 1:00 PM] Developers will get a 15% cut of the fees they generate, but only if their app has done more than 125,000 transactions and has existed for three months.

Brazilian President Lula Ends Fuel Price Peg to the US Dollar, Announces Wholesale Discounts

[May 18, 2023 2:00 AM] Brazilian President Luiz Inacio ‘Lula’ da Silva has announced that state oil company Petrobras will not be using US dollar-based international prices to set its internal fuel pricing structure. The “Brazilianization” of the…

Ethereum Gas Fee Surges to 12-Month High as PEPE Frenzy Grips Market

[May 5, 2023 3:08 AM] Users pay the fees, measured in fractions of ether known as GWEI, to execute transactions on the smart contract blockchain.

This Altcoin Surprises Investors With 76% Gains In The Last 24 Hours – Find Out Here

[Feb 10, 2023 7:50 AM] Last month saw many surprises which took the cryptocurrency industry by storm. This “love month”, an altcoin is surprising investors with a sudden spurt in price. GAS, one of the native tokens of the Neo Blockchain ecosystem, has jumped…

Ethereum gas price spikes 29% in January as user activity grows: Report

[Feb 8, 2023 5:02 AM] Ethereum block statistics show that the average number of blocks mined each day showed little to no change, while the total block size per month increased by 7%.

Ethereum Gas Fees Spike as ETH Value Rises: Average Onchain Fees Jump by More Than 50%

[Jan 18, 2023 7:30 PM] While the second-largest crypto asset by market capitalization, ethereum, has risen 27% against the U.S. dollar in the last two weeks, the network’s average and median-sized gas fees have increased by more than 50%. On the first day of 2023…

SHIB Token Sees Rise Ahead of Shibarium Beta Launch

[Jan 16, 2023 2:30 PM] The meme token shiba inu has seen a rise against the U.S. dollar during the last seven days as the coin’s supporters anticipate the beta launch of the layer two (L2) scaling solution Shibarium. Developers detailed on Jan. 15, 2023, that the…

Dollar Loses to Digital Currencies in 2023, Former Russian President Medvedev Says

[Dec 30, 2022 2:30 AM] Digital fiat currencies will spread next year while the U.S. dollar will be losing its status of global reserve currency, according to Russia’s former head of state. In a string of tweets, Dmitry Medvedev gave his two cents on what the future holds…

Constant Blackouts Have Ruined Cryptocurrency Mining Investments in Cuba

[Dec 12, 2022 1:30 AM] Several small investors have manifested that the constant blackouts in several parts of Cuba have made cryptocurrency mining unsustainable, leaving them unable to operate their rigs. The blackouts also affect telecommunications, leaving some of…

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…