Ethereum Network’s Gas Fees Skyrocket Amid Memecoin Frenzy
The Ethereum network has been experiencing a surge in gas fees due to the ongoing memecoin frenzy. As a result, the network's daily revenue has skyrocketed and has even surpassed…
The Ethereum network has been experiencing a surge in gas fees due to the ongoing memecoin frenzy. As a result, the network's daily revenue has skyrocketed and has even surpassed…
USD Coin (USDC), a popular stablecoin pegged to the U.S. dollar, has been facing solvency concerns since March 10, leading several holders to panic sell their holdings and switch to…
Over the weekend, the crypto market was in the red, with Ethereum (ETH) dropping below the psychological price of $3,000. The second-largest cryptocurrency based on market capitalization was down by…
High gas fees have grappled the Ethereum network throughout 2021, given that it has increased by ten times since the fourth quarter of last year. Market insight provider IntoTheBlock explained:…
Despite making significant strides in 2021, high gas fees in the Ethereum (ETH) network have been a big headache. Nevertheless, users have a sigh of relief because Ethereum’s median fees…
Ethereum’s surge to historic highs has renewed the discussion of whether the altcoin season is back. The second-largest cryptocurrency based on market capitalization scaled the heights by breaching the $4,400…
Bitcoin surpassed the $52K handle on Monday morning, as crypto-asset markets have been moving northbound and gathering more fiat value. The overall crypto economy is around $2.45 trillion and it…
The Ethereum (ETH) network has been experiencing high demand, as evidenced by an uptick in transfers and average gas fees. On-chain metrics provider Santiment explained: “With ETH transfer demand increasing,…
To pave the way for greater adoption of non-fungible tokens and bring down the barriers hampering more widespread participation, Polygon is leveraging its parallel network’s proof-of-stake approach to reduce Ethernity…
In its bid to help users avoid high gas fees on Uniswap, a Kenya-based fintech firm, UTU, recently launched a liquidity pool on the decentralized exchange (dex), Pancakeswap. This launch…