Per a bespoke calculator on the blockchain data site Dune Analytics, the average gas price was hovering around 800 Gwei early Sunday morning, with spikes in the realm of 6000 and 7000. During these waves, a simple transaction (say, sending a few dollars’ worth of crypto to a friend) could cost upwards of $3,000.
Related posts
-
Solana Meme Coins Outperform Ethereum 800% YTD
In the first quarter of the year, Solana-based meme coins have emerged as the frontrunners, surpassing... -
WienerAI Raises $7M Through Trending Presale: Could This AI Meme Coin Explode?
WienerAI (WAI) is proving there’s still plenty of appetite... -
Ethereum Faces Sharp Decline As ETH Targets $3,051 Support Level
Ethereum (ETH) is experiencing a significant downturn, with its price rapidly approaching the crucial support level...