Jun 08 2021

Ethereum GAS prices fall below $1—here’s two reasons why

published by Atul Ajoy
in blog CryptoSlate
original entryEthereum GAS prices fall below $1—here’s two reasons why

analysis defi edge ethusd

According to Etherscan, Ethereum’s average gas price has dropped to under $1. Less than one month ago, as ETH’s price rose to an all-time high, gas prices were over $50. This temporarily lowers concern that high gas prices are causing users to leave crypto. Others are using the opportunity to send ERC20 at lower prices or interact with dApps like buying ENS...