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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 […]

Bitcoin miner Riot Platforms reports record $211M Q1 net income

Zksync Devs Plan to Launch Layer 3 Scaling Solution Called ‘Opportunity’ in Q1 2023

Zksync Devs Plan to Launch Layer 3 Scaling Solution Called ‘Opportunity’ in Q1 2023Matter Labs, the team behind the Ethereum layer two (L2) scaling protocol Zksync, revealed the developers plan to launch a layer three (L3) proof of concept called “Opportunity” in the first quarter of 2023. The team says that the prototype of L3 will be built on top of L2 and developers and Zksync users can […]

Bitcoin miner Riot Platforms reports record $211M Q1 net income

Boba Network Partners With Avalanche, Boba AVAX L2 to Provide ‘Faster Transactions and Lower Fees’

Boba Network Partners With Avalanche, Boba AVAX L2 to Provide ‘Faster Transactions and Lower Fees’On Wednesday, the layer two scaling solution that leverages optimistic rollup technology, Boba Network has revealed it now supports the proof-of-stake (PoS) network Avalanche. According to the Boba Network team, the new Avalanche support will produce “faster transactions and lower fees.” Boba Network Integrates With the Avalanche PoS Blockchain Boba Network, the layer two (L2) […]

Bitcoin miner Riot Platforms reports record $211M Q1 net income

Uniswap Community Votes to Deploy v3 on Polygon, Contract Support Coming in a Few Days

Uniswap Community Votes to Deploy v3 on Polygon, Contract Support Coming in a Few DaysOne of the largest decentralized exchange (dex) platforms in terms of trade volume, Uniswap, has announced that the dex community has approved a governance proposal to support the Polygon blockchain. Uniswap to Support Polygon PoS Blockchain In terms of trade volume, statistics show that Uniswap version three (v3) commands the largest 24-hour trade volume with […]

Bitcoin miner Riot Platforms reports record $211M Q1 net income

Ethereum Devs Assess Reducing Data Transfer Cost 5x, EIP-4488 Becomes Possible Solution

Ethereum Devs Assess Reducing Data Transfer Cost 5x, EIP-4488 Becomes Possible SolutionThe second leading crypto asset ethereum has been dealing with high fees since the end of June and today the average ethereum transaction fee is between $5 and $34 per transfer. While there’s been a lot of complaints about ether gas costs this year, Ethereum founder Vitalik Buterin has recommended an Ethereum Improvement Proposal (EIP) […]

Bitcoin miner Riot Platforms reports record $211M Q1 net income

While Ethereum Prices Skyrocket, Ether Gas Fees Surge Fueling Costly Transfers

While Ethereum Prices Skyrocket, Ether Gas Fees Surge Fueling Costly TransfersOn October 29, 2021, the second-largest crypto asset in terms of market valuation, ethereum, reached an all-time price high at $4,467 per unit. Meanwhile, after the Ethereum network’s Altair upgrade went live, ether gas fees have skyrocketed significantly. As Ethereum Tests New Price Highs, the Average Ether Transfer Fees Onchain Skyrocket The two leading crypto […]

Bitcoin miner Riot Platforms reports record $211M Q1 net income