Post
Topic
Board Altcoin Discussion
Re: Why ethereum gas price is very high?
by
btcltcdigger
on 22/11/2021, 09:14:48 UTC
Recently?

It's like $180

Buying WETH in ronin becomes expensive.

I've heard binance allows that. However, we can't buy WETH in binance. There is no such market.

High price of Ethereum, and high demand for ETH computing power, makes the network congested, and thus increases the price in GAS for transfer or smart contract interactions.
It0s basically question of supply and demand