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    Ethereum Gas Fees Surge Amid ERC-404 Mania | FinOracle

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Home Cryptocurrency Ethereum

Ethereum Gas Fees Surge Amid ERC-404 Mania

Gas fees on Ethereum soar to a 9-month high of $84M as users embrace ERC-404 transactions, triggering concerns about scalability and cost. ETH experiences a minor retracement, indicating market FOMO.

by John Darbie
Sat, Feb 17, 2024 8:29pm
in Ethereum
• 2 mins read
13.9k
Ethereum Gas Fees Surge Amid ERC-404 Mania | FinOracle

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Ethereum Gas Fees Reach $84M Thanks to ERC-404 Hype

Gas prices on Ethereum hit levels not seen since the memecoin frenzy of May 2023, as users flock to ERC-404 transactions.

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