Gas usage for stablecoins, NFTs on Ethereum continues decline

2023-6-11 18:00

Quick Take Ethereum gas usage by transaction type, specifically at stablecoins and NFTs, continues to drop. Stablecoin gas usage is currently at three-year lows, roughly 5% of the total gas usage, according to Glassnode data as of June 9. USDT makes up over 75% of gas usage on Ethereum. However, this demand seems to be continually migrating to Tron as 46 billion USDT out of the 82 billion USDT currently sits on Tron. In addition, the NFT gas usage has continued to drop as well. This demand drop has been due to the rise of Bitcoin Inscriptions, which have surpassed ten million inscriptions. USDT Supply: (Source: The Block) Gas Usage: (Source: Glassnode)

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$ 0 (+0.00%)
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usage gas continues ethereum nfts stablecoins roughly

Источник: cryptoslate.com

usage gas → Результатов: 63


Фото:

Ethereum Gas Usage Tops All-Time High Amid DeFi and Stablecoin Tear

The Ethereum network seems to be cracking under pressure as stablecoins and the DeFi ecosystem continue to expand. As a result, gas usage has skyrocketed to new highs along with network fees—so how can this be positive for Ethereum? As DeFi markets near $3 billion total value locked, the strains on the Ethereum network are […] The post Ethereum Gas Usage Tops All-Time High Amid DeFi and Stablecoin Tear appeared first on BeInCrypto.

2020-7-21 13:14


Фото:

Ethereum Fees Are Up 500% Since April: Why That’s Bearish for ETH

It’s been a strong few weeks for Ethereum adoption. Due to growth in the decentralized finance sector, the blockchain has seen a spike in users, active addresses, and transactions. Unfortunately, this influx of usage has not come without a cost: As per data from Glassnode, a blockchain analytics firm, the daily median gas price of an Ethereum transaction passed 50 Gwei.

2020-7-19 07:00


Фото:

Six Addresses Are Dominating Ethereum (ETH) Usage Right Now

Six addresses seem to be the most active ones on Ethereum, burning up above 45% of all gas. All seem related to a single smart contract, awakening the suspicion of Reddit users. Six Wallets Circle Funds with One Smart Contract The common thread between the six most active wallets on the Ethereum network is that they are all communicating with contract “0x01eacc3ae59ee7fbbc191d63e8e1ccfdac11628c”.

2019-9-20 17:00


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