Post
Topic
Board Altcoin Discussion
Re: Gas price
by
Haunebu
on 07/09/2018, 08:45:54 UTC
Any reason for the Ethereum gas price being so high lately?

Maybe due to high loads of traffic on Ethereum network, but just ignore those one since if those one is recommended by the network then it will best to anyone to follow it since it could make their transaction more faster, And if you disobey it and lower down the gas then you will surely encounter a long delays of transaction things.
This could be the most probable reason indeed. The current Ethereum price depreciation might have spooked many investors due to which many of them are dumping their Ethereum leading to network congestion which is most likely why the Gas price is so high at the moment. However, I don't necessarily think that it is too high and it is only a temporary scenario and am expecting it to go back down soon once the market stabilizes again.