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XLM $0.1438 -0.23%
ZEC $680.62 +18.87%

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
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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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