Ethereum transaction fees dive to 2022 lows, paving the way for wider adoption
Ethereum (ETH) transaction fees have recently reached their lowest levels since 2022, signaling a milestone for the second-largest cryptocurrency. The average fee for transferring ETH is now $1.83, while purchasing tokens through Uniswap costs around $4.17. This decline in gas fees can be attributed to reduced on-chain activity related to NFT sales, meme coin trading, […]
Bitcoin user’s $509,563 transaction fee causes stir in crypto community
A Bitcoin user recently paid an exceptionally high transaction fee of 19 Bitcoin (BTC), equivalent to $509,563. Whale Alert, a popular service that tracks large cryptocurrency transactions, brought attention to this exorbitant fee. The average Bitcoin transaction fee currently stands around $1.410, making this incident an extreme outlier. The fee is significantly higher than the […]