News with the tag "eth fees"

The supply of ETH has been gradually increasing since mid-April with the Dencun upgrade decreasing competition for block space on the mainnet.

Amid a significant uptick in ERC20 tokens, especially meme coins, the expense of conducting transactions on Ethereum has notably increased, pushing the average fee to $22.19 for each operation. Further data indicates that executing a swap on a decentralized exchange (dex) platform could incur a cost...

Lately, the crypto sphere, with bitcoin aficionados in particular, has been buzzing with chatter about the fees pocketed by BTC miners. They’re pondering if these fees will adequately offset the impending 2024 halving and the accompanying drop in revenue. On the other hand, Ethereum, the runner-up i...

Congestion on the ETH network has reduced. But before that, a gas mint action propelled the increase.

ETH was being cheered on by the bulls as its price action of the last 24 hours was quite positive. Furthermore, as ETH moves to Q3 of 2023, its performance on the NFT and metric front also seemed to impress. Do traders need to watch out?

ADA has been lending favor to the bears for the last few days. It has notably been slipping below an ascending support line after failing to secure enough bullish momentum to support a pivot.

Ethereum network fees have experienced a significant upswing following the implementation of the Shapella upgrade on April 12th. In the last 30 days, onchain fees have soared by over 153%, from a prior rate of $4.65 per transfer to a current average of $11.80 per transaction. The data highlights a s...