Ethereum Gas Costs

ETH Fundamentals Improve Despite Correction

As prices retrace across the board in crypto, it is helpful to analyze fundamentals and assess to what extent have prices and fundamentals changed. Leveraging key on-chain indicators from IntoTheBlock, it is evident that Ethereum’s demand and store of value proposition continue to grow, unaffected by the recent price volatility.  Ethereum’s fees have been notoriously …

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EIP-1559 Is Ready. Or is it?

Ethereum Improvement Proposal 1559, a long awaited update to Ethereum’s core codebase, was rumored to be ready for deployment yesterday in a leaked Discord conversation on Twitter. The proposal aims to change Ethereum’s transaction fee mechanism to improve user experience and reduce ether inflation. Most Significant  As EIP-1559 is viewed by the broader Ethereum community …

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Ethereum Gas Prices Put a Damper on DeFi Rally

The good news: Ethereum is booming. The bad news: gas fees are, too. ETH is surging past $1k—the highest it’s been since the crypto boom of January 2018. Investors have taken notice, with the co-founder of Three Arrows Capital hedge fund (which just made headlines for their SEC filing stating $1.3 billion in Grayscale Bitcoin …

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DeFi and the Gifts from Pricey Gas: Jeff Garzik

With DeFi’s explosive activity over the last month, Ethereum users have been struggling under the weight of transaction fees. Consequently, expert crypto traders are forced to rethink strategies and newcomers have more than likely thought twice about participating.  You can try to grow sustainable crops in volcanic soil, but you won’t get very far while …

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