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GAS Fee News
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Latest GAS Fee News
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Responding to Succinct Labs’ real-time proving milestone in the ecosystem, Vitalik Buterin says the Ethereum team hopes to increase the Layer1 gas limit by ten to 100 times. In a recent post, Buterin commented on an X user’s skeptical take…
ETH
Ethereum
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Gas fees are an element of uncertainty for enterprises, which is why Vector Smart Chain introduced a flat fee of $4.
News
Binance founder Changpeng ‘CZ’ Zhao suggests lowering BSC Chain gas fees by three to 10 times its current rate. In a recent X post on May 7, the former Binance CEO proposed lowering gas fees on the BSC Chain to…
News
United States Senator Ted Cruz has introduced a new bill that offers tax incentives for cryptocurrency miners using flared natural gas to power mining operations. In an April 1 announcement, Cruz unveiled the Facilitating Lower Atmospheric Released Emissions Act, which…
News
Ethereum gas fees have dropped significantly, with the average cost of a transfer now at just $0.41, far below the $15.21 peak seen in the past two years. According to on-chain analytics firm Santiment, low gas fees often suggest a…
ETH
Ethereum
News
Ethereum continues to lead in all-time gas fees, particularly in DeFi, despite a decline in on-chain activity and the lowest transaction costs in over four years. According to data analytics platform Growthepie, Ethereum’s Layer 1 blockchain still dominates in all-time…
ETH
Ethereum
News
For years, Ethereum users have struggled with failed transactions due to insufficient gas fees. MetaMask’s new Gas Station eliminates this hassle by covering fees within the swap process itself. On Feb. 5, MetaMask introduced “Gas Station,” a new feature aimed…
News
The Ethereum network has recently raised its gas limit to more than 30 million with over 50% of validators indicating the change. According to data from gaslimit.pics, the average gas limit in the Ethereum (ETH) network has nearly reached 32…
ETH
Ethereum
News
Stablecoin issuer Circle has introduced a new feature called Circle Paymaster, enabling users to pay gas fees using the USDC stablecoin. The USDC (USDC) issuer said in an announcement that the on-chain utility solution Circle Paymaster was now live on…
News
Manta Network has announced a four-year program that will see the modular blockchain for zero-knowledge applications share gas rewards with the platform’s users. On Sept. 30, Manta Network introduced its “Gas Gain” plan, which aims to return 50% of gas…
ETH
Ethereum
News
SKALE Labs and Moxy, an esports and gamification platform, are partnering to reshape the gaming industry. According to SKALE Labs, the collaboration marks a key milestone in bridging web2 and web3 gaming. SKALE is a blockchain network that allows for…
ETH
Ethereum
News
Ethereum’s gas prices and whale activity have declined as its price dropped below the $2,600 mark. According to an X post by CryptoQuant, the daily mean gas price on the Ethereum (ETH) network plunged to an all-time low of 2.9…
ETH
Ethereum
News
According to Dune Analytics data, the average Ethereum gas fee dropped to just 3 Gwei, equivalent to $0.14. Notably, nine of the 10 cheapest hours for gas fees occurred last week.
ETH
Ethereum
News
ZkSync-based Zyfi received financial backing to bootstrap paymaster services across the Ethereum ecosystem.
News
The cost of sending transactions on Bitcoin declined nearly 10 times after an initial spike following the BTC halving last week.
BTC
Bitcoin
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Core Ethereum developers have started the “pump the gas” campaign to raise the blockchain’s gas limit from 30 million to 40 million. The initiative aims to reduce transaction fees on its primary layer by 15% to 33%, as announced on…
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