Home Bitcoin News Meme Token Frenzy Drives up Ethereum Fees, Testing Network’s Scalability

Meme Token Frenzy Drives up Ethereum Fees, Testing Network’s Scalability

by
Meme Token Frenzy Drives up Ethereum Fees, Testing Network’s Scalability

Meme Token Frenzy Drives up Ethereum Fees, Testing Network's ScalabilityAmid a significant uptick in ERC20 tokens, especially meme coins, the expense of conducting transactions on Ethereum has notably increased, pushing the average fee to $22.19 for each operation. Further data indicates that executing a swap on a decentralized exchange (dex) platform could incur a cost of $66. Transfers and Dex Swaps Costlier as Ethereum […]

Source link

Related Articles

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More