Gas fee
Vitalik Buterin's New Proposal Seeks 16.7M Gas Cap on Ethereum to Rein In Transaction Bloat
The new ceiling would require splitting some large transactions, such as contract deployments, into smaller chunks.
Mga video
Ethereum Sees Record Drop in Gas Fees: Is This a Bullish Signal for ETH?
Ethereum's gas fees plummeted to a five-year low earlier this week, dipping to as low as 0.6 gwei (a unit of gas) with low-priority transactions costing only 1 gwei or lower. Bitget Research chief analyst Ryan Lee told CoinDesk in a note that "every time ETH gas fees drop to rock bottom it has often signaled a price bottom in the mid-term" but ETH prices tend to rebound after the cycle. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
