I'm really puzzled.
Ethereum seems to be incredibly pricey these days. I'm wondering why the cost is so high. Is it because of its popularity or the technology behind it? Or maybe there are other factors driving up the price?
7
answers
WhisperInfinity
Fri Feb 14 2025
These factors are interconnected and reflect the current state of the Ethereum network.
HallyuHeroLegend
Fri Feb 14 2025
ETH gas fees have reached high levels due to a multitude of factors.
Caterina
Thu Feb 13 2025
The growth in both user base and dApps has created a situation of congestion on the Ethereum network.
Stefano
Thu Feb 13 2025
One of the primary reasons for high gas fees is the increasing demand for network resources.
Stefano
Thu Feb 13 2025
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