News with the tag "Ethereum Gas fee"

The Ethereum blockchain network’s transaction fee has dropped to a four-year low at just $0.41, which has led to mixed sentiment among the ETH community. Traders and investors are evaluating whether this development could help in ETH price surge to $3,000 and above after facing strong selling pressu...

According to a crypto analyst, the Ethereum price is on the verge of a breakout, and investors who don’t buy it now could be left with regrets later. With technical indicators pointing towards a significant price surge, the analyst forecasts that Ethereum (ETH) could climb as high as $12,000 this bu...

Ethereum co-founder Vitalik Buterin has recently shared a plan to improve the gas fee structure that can boost ETH’s transactions per second (TPS) by 1.5x amid the rising competition from the Solana blockchain. Buterin said that this would help to improve the transaction efficiency without compromis...

Ethereum remains by far the largest smart contracts platform by market cap. Perched at second in the market cap leaderboard, the network hosts dapps cutting across multiple sectors. While the Metaverse, gaming, and NFT activities have since dissipated, DeFi stands, looking at the steady recovery in ...

Ethereum is under pressure at spot rates. As of September 12, the second most valuable coin struggled for momentum and stuck below $2,400. The daily chart shows that ETH is selling off steadily, and the zone between $2,400 and $2,800 is proving to be a strong liquidation region. Ethereum Revenue Fal...

Ethereum co-founder Vitalik Buterin has come out defending the claims that the Ethereum ecosystem is turning weak. Buterin shares a list of improvements that make the blockchain stronger than ever before. Vitalik Buterin Praises Optimism In a post on the X platform, the Ethereum co-founder expressed...

A giant Ethereum whale has continued with its profit-booking spree amid the current ETH price rise above $2,600 levels. A few hours ago the Ethereum “diamon hand” whale sold another 15,000 ETH from its holdings raking in a profit of $40 million. Giant Ethereum Whale Cashes Out At Right Time As per t...

According to recent insights from a CryptoQuant analyst, Ethereum’s daily mean gas price has reached an all-time low, falling to roughly 2.9 Gwei. This decline in gas prices correlates with a significant drop in daily transaction fees, which now average merely $0.85, marking a multi-year low for the...

The Ethereum gas fee has recently fallen to its five-year low, while the ETH price struggles to trade in the green. A recent report from Kaiko highlights the drop and its potential implications on the crypto’s price. It’s worth noting that despite the start of Spot Ether ETF trading in the US, the s...

The Ethereum gas fees for transactions have dropped massively amidst a broader decline in the cryptocurrency’s price. According to recent data, the base fee paid by users has fallen to an astonishingly low 0.82 Gwei, a clear indication of reduced activity on the Ethereum network. Rapid Decline In Et...