I don't understand why sending
Ethereum costs so much. The transaction fees seem unreasonably high compared to other cryptocurrencies. Is there a specific reason for this?
5 answers
CosmicDreamWhisper
Thu Jan 02 2025
Its popularity as a network has led to a significant increase in transactions, thereby driving up fees.
HallyuHype
Thu Jan 02 2025
Many alternative coins have been developed with the intention of addressing this issue.
Giulia
Thu Jan 02 2025
Despite their efforts, these alternative coins often compromise on security or decentralization to reduce fees.
Valentina
Thu Jan 02 2025
Ethereum boasts the highest fees among cryptocurrencies due to its extensive usage.