1 / 1 Relevant items tagged with #NetworkFees

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Multiple factors fueling Ether’s ‘dismal’ price action — VanEck

[Sep 5, 2024 8:06 PM] According to analysts at VanEck, Ethereum’s share of decentralized exchange trading volume has dropped from 42% in 2022 to 29% in 2024.

Runes TXs on Bitcoin have tanked over 88% this month

[Jun 29, 2024 9:56 PM] Bitcoin miners have earned less than 2 Bitcoin combined from Runes transactions over the last six straight days — an enormous drop from its record 884 Bitcoin on April 24.

Starknet to hand 10% of network fees to devs, with $3.5M in first distribution

[Dec 12, 2023 9:00 AM] The Devonomics initiative from the Starknet Foundation aims to return a portion of network fees to incentivize developers.

Ethereum, Bitcoin users reignite scalability debate as gas fees surge

[Nov 9, 2023 10:38 PM] Ethereum gas fees reportedly breached the $200-mark for certain high-priority transactions in the last 24 hours.

Bitcoin Fees Soar Nearly 1,000% Since August as Ordinals Are Back in Vogue

[Nov 8, 2023 12:10 PM] Higher fees are also boosting bottom lines for the industry's beleaguered miners, 21Shares noted.

Agnostic Nature of Blockchain Technology ‘Makes It the Ideal Foundation for Global Travel Industry’ — Pablo Castillo

[Oct 15, 2023 11:30 PM] Although the travel industry is said to be in great need of digital innovation, according to Pablo Castillo, the CTO of the blockchain-based travel firm Chain4travel, “aviation is the most obvious sector to innovate with blockchain.” To…

Ethereum's New Low-Fee Regime May Put Its 'Ultra Sound Money' Thesis to Test

[Oct 13, 2023 12:24 PM] The Ethereum network's revenue from fees dropped to its lowest level since April 2020 as speculative activity disappeared and users migrated to layer 2s, IntoTheBlock said.

Ether Turns Inflationary as Network Revenue Plunges to 9-Month Low

[Sep 22, 2023 11:13 AM] ETH has given up its deflationary status as network fees are falling, putting pressure on the price of the second largest cryptocurrency.

Rocket Pool to Integrate With Zksync Era, Offering Faster Speeds and Lower Transaction Costs

[Jun 2, 2023 3:30 PM] According to Rocket Pool, a liquid staking derivatives provider, users will have the ability to liquid stake their ETH using the Layer 2 (L2) Zksync Era network. The company clarified that Rocket Pool liquid stakers utilizing Zksync Era will enjoy…

Ordinals Inscriptions on Bitcoin Surpass 10 Million, Fueling NFT and Token Boom

[May 30, 2023 8:30 AM] On Monday, May 28, 2023, a pivotal landmark was reached as the aggregate quantity of Ordinal inscriptions minted on the Bitcoin blockchain exceeded 10 million in under half a year. Since Ordinal inscriptions’ inception, bitcoin miners have…

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…

Bitcoin’s Average and Median-Sized Network Fees Rose 40% Higher in March

[Mar 31, 2023 2:30 PM] In March 2023, Bitcoin’s average and median-sized fees jumped more than 40% higher after rising 122% in 10 days during the first week of February. The fees have followed the Ordinal inscription trend as more than 662,000 inscriptions reside…

Bitcoin’s Blockchain Growth Accelerates With Trend of Ordinal Inscriptions

[Feb 28, 2023 3:30 PM] The Bitcoin blockchain has 40.49 gigabytes (GB) to go until it reaches half a terabyte (TB), and with the recent trend of Ordinal inscriptions, it’s likely to get there faster. The average block size reached a high of 2.52 megabytes (MB) on…

Bitcoin’s Average Transfer Fees Experience Sharp Increase: 122% Rise in 10 Days

[Feb 8, 2023 2:30 PM] Statistics show transfer fees on the Bitcoin network have increased 122% since the end of last month, as the average transaction fee has climbed from $0.767 to $1.704 per transaction. The rise in onchain fees coincides with the new Ordinals digital…