Network Fees


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Bitcoin Fees Soar Nearly 1,000% Since August as Ordinals Are Back in Vogue

Higher fees are also boosting bottom lines for the industry's beleaguered miners, 21Shares noted.

Number of Ordinals inscription on Bitcoin (21.co/Dune Analytics)

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Ethereum's New Low-Fee Regime May Put Its 'Ultra Sound Money' Thesis to Test

The Ethereum network's revenue from fees dropped to its lowest level since April 2020 as speculative activity disappeared and users migrated to layer 2s, IntoTheBlock said.

Ethereum network fees (IntoTheBlock)

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Ether Turns Inflationary as Network Revenue Plunges to 9-Month Low

The decline in activity in the network is partly because of the adoption of layer 2 networks, and the trend will continue in the near term, according to IntoTheBlock.

Ethereum (Unsplash)

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Ethereum Transaction Fees Set a Record Once Again as DeFi Becomes Even Pricier

Average Ethereum transaction fees reached $10.33 on Tuesday.

Ethereum average and median network fees since 2017.

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