If you have been in the Crypto space for a while you know that Ethereum gas fees have always been an issue for scaling the ETH network.

This is the main reason why users/developers are very excited about ETH 2.0 which is supposed to fix a lot of these issues and allow massive on and off-chains transactions at a very low price.

A little bit more than 3 hours ago: a whale paid more than $2.5 million to move $134$ !!!

You can find the transaction onn Etherscan.io here

On June, 8th: Datas from the famous website Glassnode shows that Ethereum miners (ETH) earned $498,000 in fees and Bitcoin miners (BTC) $308,000.

The increase in rates on the Ethereum network corresponds to an increase in on-chain activity

Daily Ethereum network fees surpassed Bitcoin fees yesterday. $498k vs. $308k. So far, this has only happened on 141 days (8%).

Bitcoin and Ethereum fees

Thanks to @arindam for noticing me in this article

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