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BTC $62,704.58 -0.08%
ETH $1,787.02 +0.21%
BNB $569.97 +0.26%
XRP $1.07 -0.51%
SOL $75.28 -1.37%
TRX $0.3248 -1.72%
DOGE $0.0722 -0.14%
ADA $0.1590 -0.46%
BCH $235.93 -0.26%
LINK $7.95 +0.12%
HYPE $63.74 -2.70%
AAVE $96.06 +1.46%
SUI $0.7298 -0.25%
XLM $0.1792 -2.16%
ZEC $507.37 -1.34%

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
Collection

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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