List of Flash News about blockchain congestion
Time | Details |
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2025-02-07 01:36 |
Ethereum Gas Price Hits Low Levels, Signaling Reduced Network Congestion
According to @bolsaverse, Ethereum's average gas price has reached a low similar to levels seen on August 29th, indicating reduced blockchain congestion. Historically, such low gas prices have been followed by significant price movements, with Ethereum's price nearly doubling after the last instance. Traders may view this as a potential indicator for future price action, considering the correlation between gas prices and network usage. |