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ETH $2,500.53 +1.42%
BNB $754.40 +0.90%
XRP $1.44 +3.72%
SOL $104.58 +1.89%
TRX $0.3387 +0.41%
DOGE $0.0905 +1.52%
ADA $0.2208 +2.21%
BCH $259.39 +0.98%
LINK $12.58 -0.04%
HYPE $86.62 +3.66%
AAVE $129.76 -0.92%
SUI $0.8216 +1.38%
XLM $0.1900 +0.46%
ZEC $1,229.56 +8.82%

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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