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BTC $62,925.17 -0.06%
ETH $1,878.35 +0.01%
BNB $606.15 -0.82%
XRP $0.9993 -0.29%
SOL $75.22 +0.04%
TRX $0.3312 +0.15%
DOGE $0.0697 -0.29%
ADA $0.1765 -1.15%
BCH $203.81 -0.42%
LINK $9.42 +1.04%
HYPE $57.40 +2.67%
AAVE $86.02 -1.06%
SUI $0.6774 -0.72%
XLM $0.1569 -0.76%
ZEC $485.91 -0.43%

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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