New ERC-20 VMPX Token Triggers Ethereum Consumption Spike, Consumes $3M in Gas Fees in 24 Hours
VMPX, a recently launched ERC-20 token, is responsible for more than 30% of all Ethereum (ETH) burns in the last ...
Tag: Fees
Bullish sign? Ethereum Average Fees Decline 69% Since Early May
On-chain data shows that Ethereum's average transaction fees have dropped by almost 70% since the beginning of May. This is ...
Ethereum transaction fees drop by 80% as PEPE enters a dream
Ethereum gas fees spiked to their highest level since 2022 following the May memecoin comeback championed by the rise of ...
Ethereum Gas Fees Rise Amid Coin Hype Meme
It is widely recognized that cryptocurrencies are subject to volatility, which is no longer a surprising fact. The crypto winter ...
Ethereum gas fees cool off after May memecoin frenzy
The average gas fee (transaction fee) on the Ethereum network has cooled off substantially in the first week of June ...
Ethereum Fees Plunge 69% After a Yearly High in May, What This Means for ETH
In a significant development for the Ethereum network, average transaction fees have seen a sharp decline. This drop comes shortly ...
NFT markets witness a dramatic reduction in Ethereum fees
The Ethereum gas consumption landscape is transforming significantly as non-fungible token (NFT) markets no longer dominate network gas usage. according ...
Crypto Assets Flow From Ethereum To BSC, Are Users Escaping High Gas Fees?
There is a substantial flow of assets from Ethereum to the Binance Smart Chain (BSC), according to data of Cryptoflows. ...
Cardano’s Hydra Scaling Solution Goes Live on Mainnet as Ethereum Gas Fees Rise
The first Cardano mainnet-compatible Hydra node launched on May 11, according to developer Sebastian Nagel. Hydra is a Layer 2 ...
Upcoming Ethereum Update to Cut Fees
The second largest crypto blockchain, Ethereum, is gearing up for a new upgrade that will lower transaction fees on the ...
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