ChainCatcher news, according to Etherscan data, the Ethereum network Gas fee has now dropped below 1 gwei, currently at 0.904 gwei, with an average Gas fee of 1 gwei over the past 3 days.

ChainCatcher news, according to CoinDesk, Bitget Research's chief analyst Ryan Lee stated that every time the ETH gas fees hit a low, it often indicates a mid-term price bottom. The price of ETH tends to rebound strongly after this cycle, and when this moment coincides with a rate cut cycle, the market's wealth effect is full of possibilities.Lee noted that Ethereum's gas fees have dropped to their lowest level in five years, which can be attributed to the popularity of memes and the migration of Dapp interactive users to other faster and cheaper blockchains, such as Solana and Layer 2. Additionally, the Dencun upgrade has also improved network efficiency, thereby reducing gas fees.

ChainCatcher news, according to Etherscan data, the Ethereum network Gas fee has dropped below 1 gwei and has now risen to 1.012 gwei.

ChainCatcher message, according to Etherscan data, the Ethereum gas price is currently reported at 14 gwei, with the fast gas price at 15 gwei.

ChainCatcher news, according to Etherscan data, the current Ethereum network Gas fee has dropped to 11 gwei.

ChainCatcher message, according to Etherscan data, the Ethereum gas price is currently reported at 31 gwei, with the fast gas price at 34 gwei.

ChainCatcher news, according to The Block, the NFT series Buterin Cards themed around Vitalik Buterin caused a brief spike in Gwei, becoming the largest Gas consumer at one point.According to data from the Ethereum blockchain explorer Etherscan, as of 4:00 AM Beijing time, Buterin Cards consumed 13.1% of the total Gas units within three hours, surpassing the Uniswap universal router address and Tether's public address. In the past 24 hours, the transaction fees for this series reached 318.31 ETH, worth $665,670.It is reported that the Buterin Cards project aims to upload 2,015 NFTs to pay tribute to Ethereum co-founder Vitalik Buterin.

ChainCatcher news, according to ultrasound money data, in the past 24 hours, the VMPX contract of XEN Crypto has burned approximately 2004 ETH, with a total consumption of 3511 ETH; and the median Gas has risen to about 60 gwei, reaching a high point in nearly a month and a half.VMPX was originally a BRC20 token issued by XEN Crypto founder Jack Levin, and now it has been expanded on Ethereum, with a total issuance of 108 million for the ERC20 version. Users only need to pay the GAS fee on the Ethereum chain to mint it, and currently, 93% has been minted. It is reported that the BRC20 and ERC20 versions of the VMPX token are interchangeable. (source link)

ChainCatcher news, according to Ethereum Gas Tracker data, the median price of Ethereum Gas fees has dropped to 15 GWEI. (source link)

ChainCatcher news, according to The Block, this week the median Ethereum Gas rose to around 87 gwei, reaching a new high since May last year. Dragonfly anonymous data researcher Hildobby stated that the increase is mainly attributed to meme coin trading. (Source link)

ChainCatcher news, Twitter user @sealaunch.xyz stated that the jaredfromsubway.eth MEV bot consumed 455 ETH in gas over the past 24 hours, approximately 950,000 yuan, accounting for 7% of the total gas on the Ethereum network, making it the bot with the highest gas consumption.In the past 2 months, it has also spent over 3720 ETH (about 7 million USD) in gas fees and executed over 180,000 transactions. (Source link)

ChainCatcher news, according to data from ultrasound.money, the current Ethereum Gas fee has risen to around 100 GWei. In the past hour, the contract with the highest Ethereum burn amount was Uniswap (approximately 42 ETH), followed by USDC (approximately 28 ETH). (source link)