If network activity is low, the fees will be low as well.
DryMyBottom on
is this true? is eth finally cheap?
MarduckRulez on
Great, that’ll let me move all my shit NFTs to another wallet.
pcm2a on
It’s been pretty cheap for a while now, not 1 cent but between 3 and 6.
selarenfia on
lets see how long it will take for smart ppl to understand how undervalued ethereum is and buy cheap.
osogordo on
Good time to renew your ENS registration
kidcanada999 on
Good! POS
potatoMan8111 on
Ether to the MOOOOOON!!!!!!
WicasaNapayshni on
we don’t need a new Solana, and Ethereum won’t have the MEW app, the true Dogecoin challenger
StatisticalMan on
Ethereum is the new SOL except it you know actually works and is scalable and decentralized.
SquaredTheOG on
This is what killed ETH, it tried being too much like Solana…
PuddingResponsible33 on
I feel like eth is made for the middlemen not the holder..
kirtash93 on
I was here when ETH gas fees were unbearable in 2021.
didnt_hodl on
in the old days it would often be 0.1 ETH and ETH was like $4k at the time
so the transaction alone would cost you $400 bucks. you would say eff it and approve anyway
… and it would still take forever to complete
BoobindarPussia_ on
I remember paying close to a hundred few years ago for each transaction
w2bsc on
Why are you gwei
coolfarmer on
Ethereum is scaling 😁
Independence-Special on
Aren’t they just growing the blockchain size more rapidly? (Full archival node size)
TheBestintheWest11 on
rip to all those that transfered over 6 5 figures back on the day
deckartcain on
They don’t call it a POS chain for a reason though.
500xp1 on
I remember moving my mined ETH from pools wallets and realizing that it cost me around 2 ETH in total in 2021
Altruistic-Raise-579 on
Man that’s wild if true because for years everyone treated fees as this immovable truth. If gas really dipped to a penny it probably means rollups and base fees finally syncing in ways people didn’t expect. I’ve been keeping a casual spreadsheet of real fee observations versus what people hype on Twitter and most of the time the on-chain reality tells a very different story than the narratives. Makes me wonder how long before more people actually notice the change in their wallets instead of just screenshots.
MonsutaReipu on
Isn’t this just because on-chain activity has dropped so much, while Solana has much more activity atm?
If for instance the meme coin frenzy swapped from Solana back to Eth, wouldn’t the gas prices of Eth become unreasonably high again compared to what Solana’s prices are?
23 Comments
If network activity is low, the fees will be low as well.
is this true? is eth finally cheap?
Great, that’ll let me move all my shit NFTs to another wallet.
It’s been pretty cheap for a while now, not 1 cent but between 3 and 6.
lets see how long it will take for smart ppl to understand how undervalued ethereum is and buy cheap.
Good time to renew your ENS registration
Good! POS
Ether to the MOOOOOON!!!!!!
we don’t need a new Solana, and Ethereum won’t have the MEW app, the true Dogecoin challenger
Ethereum is the new SOL except it you know actually works and is scalable and decentralized.
This is what killed ETH, it tried being too much like Solana…
I feel like eth is made for the middlemen not the holder..
I was here when ETH gas fees were unbearable in 2021.
in the old days it would often be 0.1 ETH and ETH was like $4k at the time
so the transaction alone would cost you $400 bucks. you would say eff it and approve anyway
… and it would still take forever to complete
I remember paying close to a hundred few years ago for each transaction
Why are you gwei
Ethereum is scaling 😁
Aren’t they just growing the blockchain size more rapidly? (Full archival node size)
rip to all those that transfered over 6 5 figures back on the day
They don’t call it a POS chain for a reason though.
I remember moving my mined ETH from pools wallets and realizing that it cost me around 2 ETH in total in 2021
Man that’s wild if true because for years everyone treated fees as this immovable truth. If gas really dipped to a penny it probably means rollups and base fees finally syncing in ways people didn’t expect. I’ve been keeping a casual spreadsheet of real fee observations versus what people hype on Twitter and most of the time the on-chain reality tells a very different story than the narratives. Makes me wonder how long before more people actually notice the change in their wallets instead of just screenshots.
Isn’t this just because on-chain activity has dropped so much, while Solana has much more activity atm?
If for instance the meme coin frenzy swapped from Solana back to Eth, wouldn’t the gas prices of Eth become unreasonably high again compared to what Solana’s prices are?