Vitalik Buterin Calls For Ethereum Transaction Fee Reform as Gas Costs Surge
While Ethereum’s recent uptick in adoption has been welcomed by many, it has had a strong side effect: rapidly increasing transaction costs.
According to Glassnode, a blockchain data upstart, the daily median gas price has increased by “more than 5x” since April. The gas price has now reached 50 Gwei, a nearly two-year high.
#Ethereum gas prices continue to rise.
The daily median gas price has…
