Ethereum Gas Fees Hit Unseen Lows: Witness the 2019 Record Breaker
ethereum’s Dramatic Drop in Gas Fees: A Deep Dive In an unprecedented shift within the blockchain realm, ethereum has witnessed its gas fees plummet to levels unseen in the last half a decade As of August 10, the median transaction cost on the ethereum network experienced a remarkable fall to 1 9 gwei, declining by a staggering 98% from a peak of 83 1gwei recorded earlier this year This trend continued, with low-priority transactions now requiring just 1 gwei, approximately seven cents, demonstrating a significant adjustment in transaction affordability...
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