| Time | Details |
|---|---|
| 2024-08-02 09:58 |
Ethereum Transaction Fees Hit Nine-Month Low
According to IntoTheBlock, Ethereum transaction fees have reached a nine-month low this week. Gas costs have dropped significantly, with some transactions costing as little as 1 gwei, which is approximately $1 for a swap transaction. This reduction in fees could encourage more trading activity on the Ethereum network. (Source) |
| 2024-08-22 08:59 |
Ethereum Faces Inflation Due to Low On-Chain Activity
According to @EmberCN, the total supply of ETH has increased by 228,000 tokens, valued at $602 million, over the past four and a half months. This equates to an average daily increase of 1,652 tokens. Due to decreased on-chain activity, ETH Gas fees have remained below 2 Gwei since early April this year. Low Gas fees mean that the ETH production rate exceeds the burn rate, resulting in inflation. The total supply of ETH has risen from 120,063,605 to 120,291,622 during this period. (Source) |
| 2024-08-22 08:59 |
Ethereum Experiences Inflation Due to Low On-Chain Activity
According to EmberCN, the total supply of ETH has increased by 228,000 tokens, valued at $602 million, over the past four and a half months. This equates to an average daily increase of 1,652 tokens. The decline in on-chain activity has resulted in ETH Gas fees remaining below 2 Gwei since early April this year. Low Gas fees mean that ETH production exceeds the burn rate, leading to inflation. The total supply of ETH has risen from 120,063,605 to 120,291,622 during this period. (Source) |
| 2024-08-27 17:00 |
Tron Reduces Gas Fees for SunPumpMeme Transactions by 50%
According to @justinsuntron, the gas fees for trading @sunpumpmeme on the Tron network have been reduced by 50%. This move aims to make transactions more affordable and encourage users who previously found the fees too high to return. Tron is committed to continuously lowering the costs associated with trading meme tokens on its platform. (Source) |
| 2024-09-02 06:10 |
Justin Sun Announces Focus on Lowering Tron Gas Fees
According to Justin Sun, this week is dedicated to lowering gas fees on the Tron network. He emphasizes that significantly reducing gas fees is crucial for attracting more users to Tron, meme tokens, and NFTs. Traders on the Tron network can look forward to more cost-effective transactions. (Source) |
| 2024-09-02 09:36 |
Tron Network Eases Energy Shortage, Aims for Competitive Gas Fees
According to Justin Sun, Tron Network has released a significant amount of energy today, which, combined with the previously increased energy cap, has greatly alleviated the network's energy shortage. Tron global nodes will closely monitor energy supply and pricing to ensure that the network's gas fees remain competitive within the industry. (Source) |
| 2024-09-02 09:35 |
Tron Network Increases Energy Cap to Alleviate Shortage
According to Justin Sun, a significant amount of energy has been released on the Tron network, effectively increasing the energy cap and alleviating the overall shortage. Tron global nodes will closely monitor energy supply and prices to maintain competitive Gas Fees in the industry. (Source) |
| 2024-09-03 04:04 |
Etherscan Analysis Highlights
According to @ai_9684xtpa, recent data from Etherscan provides valuable insights for traders. Monitoring transaction volumes, wallet activities, and gas fees on Etherscan can offer a clearer picture of Ethereum's market movements and potential trading opportunities. (Source) |
| 2024-09-04 13:43 |
Trader Profits $150K from Quick ETH Transactions
According to @ai_9684xtpa, a trader capitalized on low Ethereum mainnet gas fees to make quick profits. The trader bought 5,093 ETH at an average price of $2,376 around 8 hours ago and sold them in 36 transactions over the past 40 minutes at an average price of $2,406. This resulted in a profit of $150,000 from an initial investment of $12.1 million. (Source) |
| 2024-09-17 13:38 |
Low Gas Fees on Bitget
According to @EmberCN, gas fees on the Bitget exchange can be considered negligible, suggesting that traders might not need to worry about high transaction costs on this platform. (Source) |