Fees Financial News
02.12 / 01:01
markets
Ethereum
Polygon
fees
Time
Polygon’s expanding ecosystem backs MATIC’s rise toward a new all-time high
Layer-two (L2) solutions for the Ethereum network have become a popular topic of discussion and speculation on their associated tokens backed the massive rally seen in many of the protocols this year. The parabolic growth of the decentralized finance (DeFi) and nonfungible token (NFT) sector also led to a surge in the cost carrying out simple transfers and this prompted developers and investors to migrate to L2-supportive platforms.
30.11 / 06:59
fees
transactions
Value
Bitcoin
network
Bitcoin Network
Bitcoin network settling an average of $95K for every $1 in fees
The Bitcoin network’s value settlement efficiency has been improving steadily recently, with more being settled for lower fees.
29.11 / 14:21
COST
Ethereum
BLOCK
fees
gas fees
Vitalik Buterin Proposes New EIP to Tackle Ethereum’s Sky-High Gas Fees
Ethereum (ETH) co-founder Vitalik Buterin has put forward a new Ethereum Improvement Proposal (EIP) that aims to tackle the network's gas fee problems by adding a limit on the total transaction calldata, which would, in turn, should reduce transaction gas cost.
27.11 / 10:57
Blockchain
Ethereum
Adoption
fees
Costs
Vitalik Buterin proposes calldata limit per block to lower ETH gas costs
Ethereum (ETH) co-founder Vitalik Buterin has proposed a new limit on the total transaction calldata in a block to decrease the overall transaction calldata gas cost over the ETH network.
25.11 / 16:55
markets
fees
Scams
Auction
ConstitutionDAO: PEOPLE price pumps 200% as new ‘We The People’ token unveiled
PEOPLE, the governance token of ConstitutionDAO, soared in value by nearly 200% in just 24 hours despite its trading volumes falling off the cliff in the same period, data on CoinMarketCap shows.
24.11 / 17:31
Ethereum
MARKET
fees
gas fees
Ethereum Gas Fees Highest During US Business Hours, Coin Metrics Finds
Ethereum (ETH) fees are still on the rise, with no day so far in November seeing average transaction fees of less than USD 30. However, the fees vary significantly depending on the time of day transactions are made, opening up opportunities for savings, a new report from on-chain analytics firm Coin Metrics has found.
22.11 / 16:55
Ethereum
MARKET
fees
avalanche
debate
exits
Ethereum Fee Debate Heats Up as Avalanche Enters and Exits Top 10
As AVAX, the native token of smart contract platform Avalanche, continued to soar in price over the weekend, a debate on the persistently high fees on the Ethereum (ETH) network is (re)heating up in the cryptoverse.
22.11 / 10:47
Ethereum
Twitter
Ether price
fees
Three Arrows Capital CEO backtracks on Ethereum abandonment comments
CEO and founder of hedge fund Three Arrows Capital (3AC) Zhu Su tweeted that he has “abandoned Ethereum despite supporting it in the past,” before making a U-turn on the statement.
22.11 / 09:37
16.11 / 20:57
Technology
Adoption
fees
transactions
Power
The power of cheap transactions: Can Solana's growth outpace Ethereum?
The top cryptocurrencies by market capitalization keep changing over time as the industry matures. Solana (SOL) has seen its value skyrocket so far this year and has been consistently processing over 2,500 transactions per second.
10.11 / 20:39
Dogecoin
Ethereum
MARKET
fees
Ethereum Fees Pushed Higher by DEX Trading as Optimism's Upgrade Nears
As Ethereum (ETH) continues to be plagued by high gas fees, the layer 2 (L2) scaling solution Optimism is expected to launch a major upgrade on November 11.
07.11 / 20:44
Blockchain
Ethereum
Adoption
fees
How blockchain technology might bring triple-A games to metaverses
Nonfungible token-based projects like Loot and The N Project have helped spike interest in the Metaverse to an all-time high, raising hopes again that blockchain will finally break through to the masses. Will it, or is history doomed to repeat itself? The problem is that the very things that capture the imagination of the public are the very same things that ultimately degrade the performance of the underlying platforms and raise barriers to entry higher than ever.
05.11 / 01:23
markets
Ethereum
Binance
fees
Layer-2 and multi-chain DeFi platforms see record inflows as Ethereum fees soar
High transaction fees have been a persistent thorn in the side of investors and blockchain projects since at least 2014 when Ethereum Network co-creator Vitalik Buterin stated in reference to Bitcoin, “The ‘Internet of Money’ should not cost $0.05 per transaction. It's kind of absurd.”
02.11 / 09:15
Ethereum
fees
transactions
week
Ethereum sees first consecutive week of deflationary issuance
The Ethereum network has seen its first consecutive week of negative supply issuance as bubbling markets drive persistently high transaction fees.
29.10 / 15:17
Ethereum
Adoption
MARKET
fees
Shiba Inu
Chain Activity
Time
Ethereum Tests All-Time High as On-Chain Activity Grows, SHIB Burns ETH
The price of ethereum (ETH) briefly touched a new all-time high on Friday, with key on-chain metrics growing faster than competitors over the past month. Meanwhile, the current meme coin craze is also contributing to ETH’s value proposition, with shiba inu (SHIB) now consuming more gas than even major stablecoins.
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