Transfer Fees

After the Terra LUNA Fallout, Bitcoin Dominance Climbs Higher While Ethereum’s Valuation Shrinks

May 27, 2022 Bitcoin.com

Bitcoin

Following the Terra LUNA and UST fallout, digital currency markets have dropped in value as the crypto economy dropped 6.93% from $1.356 trillion on May 22, to today’s $1.262 trillion. Amid the market carnage, bitcoin’s market dominance has increased to 43.8%, reaching the highest value since October 30, 2021. Moreover, ethereum’s market dominance has slid […]

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Gala Games exploiter returns $22M from GALA token attack

L1 Ethereum Network Fees Drop to Levels Not Seen in Over 2 Months, L2 Fees Follow

May 17, 2022 Bitcoin.com

Altcoins

Ethereum network fees have dropped a great deal this week, sliding under $10 per transaction to levels not seen since March 10, 2022. On May 17, the average ethereum transfer fee is 0.0027 ether or $5.68 per transaction. The cheaper fees on layer one (L1) have made it so layer two (L2) fees have been […]

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Gala Games exploiter returns $22M from GALA token attack

Following a Brief Fee Spike, Gas Prices to Move Ethereum Drop 76% in 12 Days

April 17, 2022 Bitcoin.com

Average Fee

Transaction fees on the Ethereum network are dropping again after average fees saw a brief spike on April 5 jumping to $43 per transfer. 12 days later, average ether fees are close to dropping below $10 per transaction and median-sized fees have slid below $4 per transaction. Moreover, layer two (L2) transaction fees have also […]

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Gala Games exploiter returns $22M from GALA token attack

Average Ethereum Gas Fee Jumps to $20 per Transfer, L2 Fees Follow Rise

April 3, 2022 Bitcoin.com

Altcoins

While Ethereum network fees to transfer data dropped significantly in recent times, tapping a low of $5.98 per transaction in mid-March, gas fees are rising once again on the second-largest cryptocurrency network in terms of market valuation. On Sunday, April 3, the average transaction network fee is around 0.0056 ether or $19.58 per transfer. Ethereum […]

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Gala Games exploiter returns $22M from GALA token attack

Ethereum Fees Sink to Lowest Rate in 7 Months, Most L2 Fees Under $1 per Transfer

March 8, 2022 Bitcoin.com

Altcoins

Ethereum fees have continued to slide week after week and are now at the lowest value in seven months. On Tuesday, March 8, the average layer one (L1) Ethereum gas fee is 0.0042 ether or $10.89 per transfer. At the same time, median-sized gas fees are much lower as well, hitting values not seen since […]

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Gala Games exploiter returns $22M from GALA token attack

Ethereum Network Fees Continue to Drop — Transfer Fees Hit Lowest Rate in 6 Months

February 28, 2022 Bitcoin.com

Altcoins

It’s getting cheaper to send ethereum these days as the gas price to push a transaction is more than 80% less expensive than it was to transact with ether 48 days ago on January 10. On that day, Ethereum network fees were around $52 per transaction and today, the average transaction fee is $10.26 per […]

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Gala Games exploiter returns $22M from GALA token attack

Ethereum Fees Drop to the Lowest Rate in 4 Months, 71% Lower Than Transfer Fees in January

February 13, 2022 Bitcoin.com

Altcoins

The average transaction fee on the Ethereum network has dropped to the lowest level in four months, according to statistics on February 13, 2022. Mid-September 2021 was the last time gas fees on Ethereum were this low, as average fees have dropped to roughly $15.13 per transfer. Ethereum Fees Slide Lower It costs less to […]

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Gala Games exploiter returns $22M from GALA token attack

Ethereum Co-Founder Vitalik Buterin Discusses Proposal to Alleviate Network’s Congestion, High Fees

February 6, 2022 Bitcoin.com

beacon block

Ethereum’s co-founder, Vitalik Buterin, and developer Tim Beiko have been discussing a proposed solution to the data transfer gas problem and current scaling issues. Buterin talked about adding a feature like “blob-carrying transactions” in a “near-future hard fork.” ‘Blob-Carrying Transactions’ The price of ethereum (ETH) has moved northbound during the last two weeks, climbing more […]

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Gala Games exploiter returns $22M from GALA token attack

Ethereum Fees Drop 53% in 20 Days — Polygon Hermez, Loopring Offer Lowest L2 Fees

January 30, 2022 Bitcoin.com

Altcoins

Ethereum’s average network fees have dropped to the lowest value in 30 days at 0.0096 ether or $24.64 per transaction. Median-sized ethereum fees are lower today as well, as fees are between $8.37 to $10.82 per transaction as ether fees haven’t been this low since January 1. Onchain Ethereum Fees Drop, Current Bitcoin Fees 91% […]

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Gala Games exploiter returns $22M from GALA token attack

Study Shows Dogecoin, XRP Saw Largest Network Fee Increases Last Year

January 26, 2022 Bitcoin.com

12 month increases

There’s been a lot of action in the world of cryptocurrencies over the last 12 months and a myriad of metrics have changed. A recent report from forexsuggest.com shows that dogecoin fees saw the largest increase since January 1, 2021, jumping 4,230% in a year. Ethereum’s transaction fees were the most expensive at the end […]

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Gala Games exploiter returns $22M from GALA token attack