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ETH Price Plunges as Ethereum Gas Fees Make DeFi Unusable

ETH Price Plunges as Ethereum Gas Fees Make DeFi Unusable

Ethereum’s surging gas fees continue to raise concern—making DeFi all but unusable for the average trader and the ETH price falling drastically to $1,580.63 last night.

EIP 1559 May Not Reduce High Gas Fees on Ethereum, but ETH 2.0 Will – Here’s Why

EIP 1559 May Not Reduce High Gas Fees on Ethereum, but ETH 2.0 Will – Here’s Why

EIP-1559, an Ethereum Improvement Protocol set to launch in July, has been touted as a game-changer that will address the issue of rising gas fees on the network.

Ethereum Gas Fees Hit a Monthly Low - Could this Trigger an ETH Uptrend?

Ethereum Gas Fees Hit a Monthly Low - Could this Trigger an ETH Uptrend?

New data by on-chain data provider Glassnode notes that the total Ethereum gas fees paid have hit a monthly low of $666,735.56.

Ethereum Dominates DeFi with 96% of Transactions, Buterin Discusses ETH Gas Fees

Ethereum Dominates DeFi with 96% of Transactions, Buterin Discusses ETH Gas Fees

Ethereum has set the tone for the DeFi boom this year, and it has dominated particularly during the third quarter of 2020.

Ethereum User Pays $9,500 In Transaction Fees to Send $120 of ETH

Ethereum User Pays $9,500 In Transaction Fees to Send $120 of ETH

An Ethereum user has found himself paying $9,500 in transaction fees to send only $120 of Ether.

Ethereum Transaction Fees Record Lowest Price Since Beginning of DeFi Boom

Ethereum Transaction Fees Record Lowest Price Since Beginning of DeFi Boom

Ethereum transaction fees recorded its lowest price since July, when the decentralized finance (DeFi) boom began. What does this mean?

Ethereum Breaks Past $1000, Triggering a Spike in ETH Gas Prices

Ethereum Breaks Past $1000, Triggering a Spike in ETH Gas Prices

Ethereum has surged past $1000, following Bitcoin’s footsteps to wrap up 2020 nicely.

SushiSwap Deploys Contracts to Five New Networks as Ethereum Gas Fees Surge

SushiSwap Deploys Contracts to Five New Networks as Ethereum Gas Fees Surge

SushiSwap has deployed its contracts to five new networks. What should be expected of SUSHI's price in the next few days?

Cryptocurrency Payments now Accepted at Tifon Gas Stations in Croatia as Firm Hopes to Tap Tourist Trade

Cryptocurrency Payments now Accepted at Tifon Gas Stations in Croatia as Firm Hopes to Tap Tourist Trade

Croatia's Tifon is keen on introducing crypto payments to enable tourists to use Bitcoin and ETH to pay for fuel and other services at designated gas stations.

EIP 1559 — ETH 2.0 and the Scarcity of Ethereum

EIP 1559 — ETH 2.0 and the Scarcity of Ethereum

EIP-1559 has sparked wide discussion within the Ethereum community and could be one of the major reasons ETH is starting to gain traction as a hedge against inflation.

Uniswap’s UNI Becomes a Top 10 DeFi Token After a Day, Driving Ethereum Transaction Fees to an All-Time High

Uniswap’s UNI Becomes a Top 10 DeFi Token After a Day, Driving Ethereum Transaction Fees to an All-Time High

Uniswap recently launched its own governance token UNI, and since its launch, Ethereum’s transaction fees have reached new highs.

Will DeFi Migrate to New Blockchain Platforms with the Surge in Ethereum Gas Prices?

Will DeFi Migrate to New Blockchain Platforms with the Surge in Ethereum Gas Prices?

The rise of DeFi in 2020 has made experts question whether Ethereum could sustain the sheer volume of transactions in the long run.

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