Cryptocurrency Q&A
Why is ETH gas so low?
Why is ETH gas so low?
KDramaLegend
Wed Dec 25 2024
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5 answers
1091
I've noticed that the gas price for ETH transactions is unusually low at the moment. I'm wondering what factors are contributing to this decrease and whether it's a temporary or longer-term trend.
5 answers
Raffaele
Fri Dec 27 2024
Gas fees have reached their lowest point in five years.
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DaeguDivaDanceQueenElegance
Fri Dec 27 2024
Currently, some transactions are costing less than 1 gwei.
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SakuraTide
Fri Dec 27 2024
This equates to approximately $0.04 in real terms.
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CryptoMercenary
Fri Dec 27 2024
The main reason for this decline in fees is the sluggish market conditions.
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KatanaGlory
Thu Dec 26 2024
Additionally, altcoins have lost momentum, contributing to the reduced transaction costs.
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