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BTC $63,004.10 -0.00%
ETH $1,879.23 -0.03%
BNB $604.64 -1.01%
XRP $1.00 -0.40%
SOL $75.36 +0.07%
TRX $0.3309 -0.40%
DOGE $0.0696 -0.55%
ADA $0.1769 -1.43%
BCH $203.17 -1.19%
LINK $9.34 -0.53%
HYPE $57.05 +1.38%
AAVE $85.85 -1.17%
SUI $0.6750 -1.40%
XLM $0.1567 -1.29%
ZEC $488.12 -0.72%

Avalanche network gas surged to 5200 (about $4.5 per transaction), possibly due to the launch of the inscription minting by the founder of Trader Joe

2023-12-18 08:48:27

ChainCatcher news, according to Cointool data, the Gas fees on the Avalanche network have surged to an average of 5200 Gas (approximately $4.5), more than 200 times the normal level of 25 Gas.

It is reported that the spike in Gas fees may be due to the launch of the inscription minting project $BEEG by Fish, co-founder of the Avalanche ecosystem DEX platform Trader Joe. In response, Fish stated, "I have apologized, but honestly, blaming a dapp that makes the chain unusable when the chain should scale is a bit silly."

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