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Stats Show Ethereum Transaction Fees Have Remained Under $5 During the Last 175 Days

Stats Show Ethereum Transaction Fees Have Remained Under  During the Last 175 DaysFees 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 median-sized gas fee is around 0.00097 ether or $1.23 per transfer. Ethereum gas metrics […]

Ex-Binance CEO Changpeng Zhao sentenced to four months in prison

Ethereum’s Average Gas Fee Jumps More Than 80% Higher Nearing $5 per Transfer

Ethereum’s Average Gas Fee Jumps More Than 80% Higher Nearing  per Transfer26 days ago, Ethereum transitioned from a proof-of-work (PoW) network to a proof-of-stake (PoS) blockchain and after the change, the network’s fees remained low. This week, however, Ethereum’s gas fees have increased as data from October 10 shows the average fee tapped a high of $4.75 per transaction. Ethereum’s Average Gas Fees Jump Over 80% […]

Ex-Binance CEO Changpeng Zhao sentenced to four months in prison

L2 Scaling Solution Arbitrum Deploys Nitro Rollup Stack Migration

L2 Scaling Solution Arbitrum Deploys Nitro Rollup Stack MigrationThe layer two (L2) scaling solution Arbitrum revealed on Wednesday that the team has implemented the project’s Nitro rollup stack migration. Earlier this month, Arbitrum developers noted that the Nitro migration would reduce network fees and improve throughput. Arbitrum Developers Implement Nitro Update The Offchain Labs-managed L2 Ethereum scaling solution Arbitrum, told fellow Arbinauts (the […]

Ex-Binance CEO Changpeng Zhao sentenced to four months in prison

Onchain Ethereum Fees Remain Low Ahead of the Merge, 4 L2 Networks Offer Transfers Below a Nickel

Onchain Ethereum Fees Remain Low Ahead of the Merge, 4 L2 Networks Offer Transfers Below a NickelWith just over two weeks until The Merge, Ethereum network fees have reduced significantly as the average ethereum transfer fee has dropped to 0.00092 ether or $1.37 per transaction on August 28. Median-sized fees have slid to 0.00036 ether or $0.544 per transfer, and etherscan.io’s gas tracking tool notes a priority fee will cost 11 […]

Ex-Binance CEO Changpeng Zhao sentenced to four months in prison

L2 Scaling Solution Arbitrum Schedules Nitro Rollup Stack Upgrade for August 31

L2 Scaling Solution Arbitrum Schedules Nitro Rollup Stack Upgrade for August 31On August 4, Arbitrum One, the layer two (L2) Ethereum scaling solution, announced the protocol will implement a significant upgrade called Nitro in 25 days. The highly anticipated Nitro migration will take place on August 31, exactly one year after Offchain Labs, the Arbitrum project maintainers, launched the Arbitrum One mainnet. The Arbitrum team says […]

Ex-Binance CEO Changpeng Zhao sentenced to four months in prison

Ethereum Transfer Costs Continue to Slide — Network Fees Tap a 19-Month Low

Ethereum Transfer Costs Continue to Slide — Network Fees Tap a 19-Month LowOn Saturday, Ethereum transaction fees tapped a low not seen since November 2020 as the average network fee dropped to 0.0016 ether or $1.67 per transfer. Average fees on Saturday have been as low as 32 gwei or $0.69 per transfer as Ethereum gas fees have been steadily dropping since May 11, 2022. Ethereum Fees […]

Ex-Binance CEO Changpeng Zhao sentenced to four months in prison