Ethereum’s Average Gas Fee Jumps More Than 80% Higher Nearing $5 per Transfer

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Ethereum's Average Gas Fees Jump More Than 80% Higher Nearing $5 per Transfer26 days ago, Ethereum transitioned from a proof-of-work (PoW) network to a proof-of-stake (PoS) blockchain and after the change, the network’s fees remained low. This week, however, Ethereum’s gas fees have increased as data from October 10 shows the average fee tapped a high of $4.75 per transaction. Ethereum’s Average Gas Fees Jump Over 80% […]

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