Ethereum Transaction Fees Surge to All-Time Highs After Uniswap Launch

Ethereum Transaction Fees Surge to All-Time Highs After Uniswap Launch

The Ethereum blockchain has become congested after multiple days of low activity. According to GasNow, an ETH transaction fee tracker, the average gas price users of the network are paying has spiked over 500 Gwei.

This means that it costs in excess of $50 to trade on Uniswap and it will cost much more if you want to complete more complex DeFi transactions.

Here’s what’s going on with Ethereum’s…

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