Cryptocurrency Q&A
Are ETH gas fees still high?
Are ETH gas fees still high?
KpopHarmonySoul
Wed Dec 25 2024
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7 answers
1622
I'm wondering if the gas fees for Ethereum transactions are still as high as they were before. Have they decreased or remained the same? I'm considering making a transaction but don't want to pay excessive fees.
7 answers
SakuraSpiritual
Fri Dec 27 2024
Ethereum gas fees are escalating rapidly, posing a significant burden on users' finances.
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CryptoWizardry
Fri Dec 27 2024
The current average gas fee for ERC-20 transfers has surpassed the $46 mark, indicating a steep increase.
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DondaejiDelightfulCharmingSmile
Fri Dec 27 2024
This surge in fees has made Ethereum transactions considerably more expensive than those on other popular blockchains.
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Andrea
Fri Dec 27 2024
In fact, Ethereum transactions now cost over 20 times more than those on many alternative blockchains.
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Chiara
Thu Dec 26 2024
The high fees are a result of increased network congestion and demand for Ethereum-based services.
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