Analysis of Ethereum Gas Fees

Jun 23, 2021 | The Block News | 0 comments

analysis-of-ethereum-gas-fees

Quick Take

  • Ethereum gas fees reached record highs in the first half of 2021 but have since dropped dramatically in step with reduced on-chain volume
  • The reduction of gas token usage and the rise of Flashbots appear to have benefitted network congestion overall, subduing gas fees
  • L2 scaling solutions are beginning to increase in adoption and stand to help lower gas fees further in the future with sufficient growth

This research piece is available to
members of The Block Genesis.
You can continue reading
this Genesis research on The Block.

News Source from TheBlockCrypto.com

Related Articles

Creative attacker steals $76,000 in RUNE by giving out free tokens

Creative attacker steals $76,000 in RUNE by giving out free tokens

A rather cunning attack is playing out in the cryptosphere, one that has so far stolen $76,000 in tokens — and it’s only been going for a few hours. In short, a bad actor is giving out — or airdropping — tokens to various crypto users. This might seem like free money,...

Pin It on Pinterest

Share This