The rise in popularity of Ethereum layer 2 scaling protocols has been clearly evident over the past month or so and one consequence of this is the amount of gas they are consuming.Read more
It’s now been three weeks since the Ethereum London hard fork and the deployment of EIP-1559 and it appears that gas fees have become a little more predictable as intended.Read more
The adoption of the latest Ethereum upgrade appears to have outpaced that of Bitcoin’s Segwit by multiple factors.
It has been a little over three weeks since Ethereum’s London upgrade was deployed on Aug 5.
Since the Ethereum network was upgraded earlier this month, the average usage in terms of daily gas used has jumped by around 9%, and there are several reasons for this.Read more
Non-fungible token (NFT) marketplace OpenSea has been a hive of activity recently, with auctions and sales pushing gas prices higher. However, it appears that there may be something dubious going on.Read more
Non-fungible tokens (NFT) are now the most popular thing on the Ethereum network, and gas fees are surging again as a result.
Decentralized exchange Uniswap is no longer on top when it comes to Ethereum usage.
Auditing firm Ernst & Young (EY) has released a zero-knowledge proof Layer 2 protocol in order to help with addressing rising transaction fees on Ethereum.Read more
ETH 2.0 staking is about to hit six million ethereum, with 179,709 validators currently.
The ethereum launchpad currently has 5.91 million in ETH being staked. The amount equates to nearly 180,000 validators on the network.
The recent number is a huge jump from six months ago.