Analysis of Ethereum Gas Fees PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Analysis of Ethereum Gas Fees

Time Stamp: June 23, 2021 5:55 AM

June 23, 2021, 5:55AM EDT

• 10 min read

Analysis of Ethereum Gas Fees PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Quick Take

  • Ethereum gas fees reached record highs in the first half of 2021 but have since dropped dramatically in step with reduced on-chain volume
  • The reduction of gas token usage and the rise of Flashbots appear to have benefitted network congestion overall, subduing gas fees
  • L2 scaling solutions are beginning to increase in adoption and stand to help lower gas fees further in the future with sufficient growth

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Source: https://www.theblockresearch.com/analysis-of-ethereum-gas-fees-109235?utm_source=rss&utm_medium=rss

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