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Blockchain

Ethereum Gas Costs Pennies, Daily Transactions Top 1.6M


Despite growing blockchain activity on Ethereum, gas fees on the world’s largest smart contract network remain near historic lows, signaling a more mature and scalable infrastructure ready for advanced real-world use cases.

Ethereum transaction fees remained at a historic low of just 0.16 gwei, or about $0.01 per transaction. Gas fees were slightly higher for token swaps at $0.15 and at $0.27 for non-fungible token (NFT) sales, according to blockchain data aggregator Milkroad.

The low costs stand in sharp contrast to previous periods of high network…



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by Cointelegraph

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