Re: Ethereum Transaction Fee Hits All Time High. 31.22 Eth.

Quote from: gunhell16 on Today at 02:01:09 PM

Quote from: DiMarxist on July 18, 2025, 05:00:19 PM

I know that Ethereum Transaction Fee has not been friendly with the users but today's fee cost was abnormal. The fee cost 31. 22 Eth. Which is equivalent to $112,700.

Confirm

When did ethereum's fee not become abnormal? Doesn't it always happen that its fee is abnormal every time there is a rally in its price. And even if for example its price value is falling,
its Ethereum gas fee is also decreasing, I can still say that the charge is high.

Just a few weeks ago before the ETH price rally, Ethereum's fee seemed to be around 8$, it is probably higher now for sure its gas fee I'm sure of that, it might have potential
but the gas fee is really the only concern issue.

It changes a lot because it does not scale good and they built it bad. There are some websites where you can compare the transaction quantity between chains and often newer chains are processing more. Take a look. https://chainspect.app/dashboard

Some data is faked by the chain founders so one must be careful. Like ICP nobody really uses that junk, and in Solana also consensus messages are counted but with a bit of knowledge you can discount it.