/ EIP 1559


Ethereum Gas Fees Spike to Yearly High Amid a Renewed Meme Coin Frenzy
/ Crypto

Ethereum Gas Fees Spike to Yearly High Amid a Renewed Meme Coin Frenzy

As of now, the average cost of a single transaction on the Ethereum blockchain is above $21.

May 09, 2023
EIP-1559 Has Saved Nearly $1B in Tx Fees – Why Are Gas Fees So High?

EIP-1559 Has Saved Nearly $1B in Tx Fees – Why Are Gas Fees So High?

While EIP-1559 has failed to address Ethereum's sky-high gas fee issue, it has saved users millions from overpaying in gas fees.

December 02, 2021
In First 24hrs After EIP-1559, 4,700 Ether Were Burned

In First 24hrs After EIP-1559, 4,700 Ether Were Burned

With around 2 ETH being burned every minute, is Ethereum now deflationary?

August 06, 2021
EIP 1559: Why ETH Could Explode if Gas Prices Drop

EIP 1559: Why ETH Could Explode if Gas Prices Drop

Gas and scalability woes are plaguing Ethereum. The team has a plan though. Will they pull it off?

March 11, 2021