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Gas in Ethereum: Understanding Limit, Used, and PriceIn Ethereum, Gas is a metric that measures the computational resources required to execute smart contracts and is a crucial component of transaction fees. This article delves into the three key concepts of Gas Limit, Gas Used, and Gas Price, explaining their interrelationships and their impact on the Ethereum ecosystem

Ethereum Gas Fees Plunge to Five-Year Low, Rising Supply May Dampen Short-Term Price GainsA report by cryptocurrency analytics firm Kaiko Research reveals that Ethereum gas fees have recently reached a five-year low, primarily driven by increased Layer 2 activity and the March Dencun upgrade, which reduced transaction costs on Layer 2. This fee reduction has implications for ETH, as lower fees mean less ETH burned, leading to an increase in the token's supply

Ethereum Gas Fees Hit 5-Year Low, Signaling a Bull Run?Ethereum gas fees have been steadily declining recently, hitting a five-year low. According to DuneAnalytics data, the median gas fee fell to 0

Bitcoin Surges Past $59,000 Amid Market Volatility, BOSS Wallet's Zero-Gas Fee Feature Gains TractionBitcoins price breached the $59,000 mark on July 10, but this doesnt necessarily signal a complete end to market volatility. Despite easing panic, the price has failed to effectively break below the $55,000 support level, indicating a likely period of continued fluctuation with neither substantial gains nor losses anticipated in the short term

In the past week, several traders have participated in trading ETH for meme tokens. As a result, the usage of gas has surged, bringing considerable revenue to blockchain