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Cryptoknowmics 2024-08-12 10:58:33

Ethereum Gas Fees Hit Five-Year Low Amid L2 Surge and Dencun Upgrade

The cost of sending an Ethereum (ETH) transaction has significantly decreased, reflecting reduced traffic on the network. The median price for an Ethereum transaction has dropped to just 1.9 gwei, with low-priority transactions falling to around one gwei or even lower. This decline marks a five-year low, coinciding with a surge in activity on Layer-2 … Continue reading "Ethereum Gas Fees Hit Five-Year Low Amid L2 Surge and Dencun Upgrade" The post Ethereum Gas Fees Hit Five-Year Low Amid L2 Surge and Dencun Upgrade appeared first on Cryptoknowmics-Crypto News and Media Platform .

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