News with the tag "transaction fees"

On-chain data shows the cost of making a transfer on the Ethereum network has plunged recently. Here’s what this could mean for the ETH price. Ethereum Average Fees Has Gone Down Recently In a new post on X, the on-chain analytics firm Santiment has discussed about the latest trend in the Average Fe...

Hold onto your hats, crypto enthusiasts! January witnessed a seismic shift in the Solana landscape, and it’s all about fees. Buckle up as we dive into the electrifying news: monthly Solana transaction fees have just smashed all previous records, hitting a staggering $550 million. Yes, you read that ...

The cost of using Avalanche, a DeFi-focused smart-contract blockchain, has slumped since the implementation of the Avalanche9000 upgrade on Dec. 16, sending the number of transactions up by more than a third. Since the upgrade, the proof-of-stake blockchain's usage fees known as gas have averaged ro...

Dogecoin currently has an average transfer fees of $0.029. Here’s how the network compares against some of the other top coins in this metric. Dogecoin Compared Against Other Assets In Transaction Fees In a new post on X, the market intelligence platform IntoTheBlock has shared an infographic for ho...

Ethereum core developer Eric Connor said increasing gas limits could result in a 15% to 33% reduction in transaction fees.

Floki is one of a growing number of crypto firms issuing their own regional payment cards that let users spend cryptocurrencies.

In November, L2s have been posting some 3x more transaction data each day to mainnet than they did in March.

Both firms partly attributed the rise in Bitcoin production to increasing their respective energized hash rates in October.

The DeFi Report founder, Michael Nadeau, explained that most of the value that left Ethereum flowed to layer-2s that would continue to drive value to the layer-1 blockchain.

Solana generated some $8.7 million in economic value from network activity, up from just under $8 million one day prior, according to Blockworks Research.