Ethereum Gas

Ethereum gas price dropped 80% and it’s still expensive

After peaking at $447 on 17 August, the price of Ethereum has been moving lower. As ETH was currently being traded for $396, its miners were witnessing a sharp decline in their revenue as the Ethereum fees dropped by almost 80% from its all-time high on 22 August. The DeFi hype had maintained higher gas...
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