[tdb_mobile_menu menu_id="81451" el_class="plato-left-menu" icon_size="eyJhbGwiOjUwLCJwaG9uZSI6IjMwIn0=" icon_padding="eyJhbGwiOjAuNSwicGhvbmUiOiIxLjUifQ==" tdc_css="eyJhbGwiOnsibWFyZ2luLXRvcCI6IjEwIiwibWFyZ2luLWJvdHRvbSI6IjAiLCJtYXJnaW4tbGVmdCI6IjE1IiwiZGlzcGxheSI6IiJ9LCJwaG9uZSI6eyJtYXJnaW4tdG9wIjoiMCIsIm1hcmdpbi1sZWZ0IjoiMCIsImRpc3BsYXkiOiIifSwicGhvbmVfbWF4X3dpZHRoIjo3Njd9" align_horiz="content-horiz-center" inline="yes" icon_color="#ffffff" icon_color_h="#ffffff"][tdb_header_logo align_vert="content-vert-center" url="https://zephyrnet.com" inline="yes" text="Zephyrnet" image_width="eyJwaG9uZSI6IjM1In0=" img_txt_space="eyJwaG9uZSI6IjEwIn0=" f_text_font_size="eyJwaG9uZSI6IjE4In0=" f_text_font_line_height="eyJwaG9uZSI6IjEuNSJ9" f_text_font_weight="eyJwaG9uZSI6IjcwMCJ9" f_text_font_transform="eyJwaG9uZSI6ImNhcGl0YWxpemUifQ==" f_text_font_family="eyJwaG9uZSI6ImZzXzIifQ==" text_color="#ffffff" text_color_h="var(--accent-color)"]
[tdb_mobile_horiz_menu menu_id="1658" single_line="yes" f_elem_font_family="eyJwaG9uZSI6ImZzXzIifQ==" f_elem_font_weight="eyJwaG9uZSI6IjcwMCJ9" text_color="var(--news-hub-white)" text_color_h="var(--news-hub-accent-hover)" f_elem_font_size="eyJwaG9uZSI6IjE0In0=" f_elem_font_line_height="eyJwaG9uZSI6IjQ4cHgifQ==" elem_padd="eyJwaG9uZSI6IjAgMTVweCJ9" tdc_css="eyJwaG9uZSI6eyJwYWRkaW5nLXJpZ2h0IjoiNSIsInBhZGRpbmctbGVmdCI6IjUiLCJkaXNwbGF5Ijoibm9uZSJ9LCJwaG9uZV9tYXhfd2lkdGgiOjc2N30="]
[tdb_mobile_menu inline="yes" menu_id="81451" el_class="plato-left-menu" icon_size="50" icon_padding="0.5" tdc_css="eyJhbGwiOnsibWFyZ2luLXRvcCI6IjEwIiwibWFyZ2luLWJvdHRvbSI6IjAiLCJtYXJnaW4tbGVmdCI6IjE1IiwiZGlzcGxheSI6IiJ9fQ==" icon_color="#ffffff" icon_color_h="#ffffff"]
Zephyrnet Logo

Generative Data Intelligence

[tdb_header_menu main_sub_tdicon="td-icon-down" sub_tdicon="td-icon-right-arrow" mm_align_horiz="content-horiz-center" modules_on_row_regular="20%" modules_on_row_cats="20%" image_size="td_300x0" modules_category="image" show_excerpt="none" show_com="none" show_date="" show_author="none" mm_sub_align_horiz="content-horiz-right" mm_elem_align_horiz="content-horiz-center" menu_id="81450" show_mega_cats="yes" align_horiz="content-horiz-center" elem_padd="0 30px" main_sub_icon_space="12" mm_width="1192" mm_padd="30px 25px" mm_align_screen="yes" mm_sub_padd="20px 25px 0" mm_sub_border="1px 0 0" mm_elem_space="25" mm_elem_padd="0" mm_elem_border="0" mm_elem_border_a="0" mm_elem_border_rad="0" mc1_title_tag="h2" modules_gap="25" excl_txt="Premium" excl_margin="0 6px 0 0" excl_padd="2px 5px 2px 4px" excl_bg="var(--news-hub-accent)" f_excl_font_size="12" f_excl_font_weight="700" f_excl_font_transform="uppercase" meta_padding="20px 0 0" art_title="0 0 10px" show_cat="none" show_pagination="disabled" text_color="var(--news-hub-white)" tds_menu_active1-line_color="var(--news-hub-accent)" f_elem_font_size="18" f_elem_font_line_height="64px" f_elem_font_weight="400" f_elem_font_transform="none" mm_bg="var(--news-hub-dark-grey)" mm_border_color="var(--news-hub-accent)" mm_subcats_border_color="#444444" mm_elem_color="var(--news-hub-white)" mm_elem_color_a="var(--news-hub-accent-hover)" f_mm_sub_font_size="14" title_txt="var(--news-hub-white)" title_txt_hover="var(--news-hub-accent-hover)" date_txt="var(--news-hub-light-grey)" f_title_font_line_height="1.25" f_title_font_weight="700" f_meta_font_line_height="1.3" f_meta_font_family="fs_2" tdc_css="eyJhbGwiOnsiYm9yZGVyLXRvcC13aWR0aCI6IjEiLCJib3JkZXItcmlnaHQtd2lkdGgiOiIxIiwiYm9yZGVyLWJvdHRvbS13aWR0aCI6IjEiLCJib3JkZXItbGVmdC13aWR0aCI6IjEiLCJib3JkZXItY29sb3IiOiJ2YXIoLS1uZXdzLWh1Yi1kYXJrLWdyZXkpIiwiZGlzcGxheSI6IiJ9fQ==" mm_border_size="4px 0 0" f_elem_font_family="fs_2" mm_subcats_bg="var(--news-hub-dark-grey)" mm_elem_bg="rgba(0,0,0,0)" mm_elem_bg_a="rgba(0,0,0,0)" f_mm_sub_font_family="fs_2" mm_child_cats="10" mm_sub_inline="yes" mm_subcats_posts_limit="5"]
Home Blockchain Ethereum Price & Gas Fees Soar High, Will The Bull Run Continue?

Ethereum Price & Gas Fees Soar High, Will The Bull Run Continue?

Republished By Plato
-
0
Ethereum Price & Gas Fees Soar High, Will The Bull Run Continue?
eth fees

ETH Gas Fees Touching Skies

The Ethereum gas fee often rises high when the ETH price rises high breaking the upper barriers. The ecosystem attempted with a couple of upgrades to address the high gas fee issue, yet they failed to do so.

Advertisement header-banner-ad

Currently, due to high trading volumes on the ethereum based platforms, the gas fees also soared high. At the time of writing, the gas fees are ranging in between 242 gwei to 288 gwei with an estimated cost of nearly $200 per transaction.

eth gas fees

The pricking transaction fees still remain the matter of concern for the traders who trade on the Ethereum based decentralized exchange. However, many are speculated to have been shifted to the other alternative platforms like BSC, Solana, Polkadot, etc, if feared that these might outpower ETH one day.

Ethereum Price May Sink In 2022

ETH as of now has showcased a slow yet steady price rally reducing steep pumps and dumps. Some believe that the asset is highly undervalued as  compared to Bitcoin yet some believe that it is ‘dangerously overvalued’.

As pointed out by one of the analysts Mr.Whale, Ethereum is overvalued and predicted a bearish flip for the price. The price is expected to plunge heavily around $200 levels in 2022. 

It is the known fact that Ethereum gas fees rise with a surge in ETH prices. Moreover if  the issue is not addressed then, the price may slide to some extent. Conversely, the ETH balances on the CEX’s are declining at a higher rate manifesting a bullish trend approaching fast. However, if the Ethereum price continues to soar, then the gas fees will also record new highs. 

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://coinpedia.org/ethereum/ethereum-gas-fees-surging-high/

[tdb_header_logo align_vert="content-vert-center" icon_color="var(--news-hub-white)" text_color="var(--news-hub-white)" text_color_h="var(--news-hub-white)" tagline_pos="inline" f_text_font_family="fs_2" f_tagline_font_family="fs_2" f_text_font_weight="700" f_tagline_font_weight="700" f_text_font_size="eyJhbGwiOiIyNCIsImxhbmRzY2FwZSI6IjE2IiwicG9ydHJhaXQiOiIxNSIsInBob25lIjoiMTYifQ==" f_tagline_font_size="eyJhbGwiOiIyNCIsImxhbmRzY2FwZSI6IjE2IiwicG9ydHJhaXQiOiIxNSIsInBob25lIjoiMTYifQ==" f_text_font_line_height="1.5" f_tagline_font_line_height="1.5" tagline_color="var(--news-hub-light-grey)" tagline_color_h="var(--news-hub-light-grey)" icon_size="eyJhbGwiOiIyOCIsImxhbmRzY2FwZSI6IjI2IiwicG9ydHJhaXQiOiIyMyIsInBob25lIjoiMjYifQ==" icon_align="-1" icon_space="eyJhbGwiOiI2IiwibGFuZHNjYXBlIjoiNSIsInBvcnRyYWl0IjoiNCIsInBob25lIjoiNSJ9" tdc_css="eyJwaG9uZSI6eyJtYXJnaW4tYm90dG9tIjoiMTUiLCJkaXNwbGF5IjoiIn0sInBob25lX21heF93aWR0aCI6NzY3LCJhbGwiOnsibWFyZ2luLWJvdHRvbSI6IjIwIiwiZGlzcGxheSI6IiJ9LCJsYW5kc2NhcGUiOnsibWFyZ2luLWJvdHRvbSI6IjE4IiwiZGlzcGxheSI6IiJ9LCJsYW5kc2NhcGVfbWF4X3dpZHRoIjoxMTQwLCJsYW5kc2NhcGVfbWluX3dpZHRoIjoxMDE5LCJwb3J0cmFpdCI6eyJtYXJnaW4tYm90dG9tIjoiMTQiLCJkaXNwbGF5IjoiIn0sInBvcnRyYWl0X21heF93aWR0aCI6MTAxOCwicG9ydHJhaXRfbWluX3dpZHRoIjo3Njh9" disable_h1="yes" show_icon="none" media_size_image_height="200" media_size_image_width="200" image_width="30" img_txt_space="6" image="1293497" text="Zephyrnet"]

Copyright @ 2024 Plato Technologies Inc.

Chat with us

Hi there! How can I help you?