Ethereum Gas Fees Just Went Through the Roof and Will Get A Lot Worse on Monday
The gas fees for Ethereum are currently reaching all-time highs. There are two main reasons why Ethereum gas prices often increase. Firstly, when there is too much traffic on the network, causing congestion. Secondly, when the price of Ether increases significantly.
Essentially, Ethereum gas is the fee paid when conducting a transaction on the Ethereum…