gas fees

Even as ETFs capture attention, Jan van Eck is focused on gas fees. (Creative Commons, modified by CoinDesk.)
VanEck CEO Says Transaction Fee Is Bigger Story Than Bitcoin or Ethereum ETFs
Jan Van Eck told CoinDesk TV's Jen Sanasie that not hearing back from the SEC is a sign that ETH exchange-traded funds likely wont make the May deadline.
Even as ETFs capture attention, Jan van Eck is focused on gas fees. (Creative Commons, modified by CoinDesk.)

Ethereum's new "blob market" is taking on a life of its own. (Wikipedia/PhotoMosh)
Ethereum Hit by 'Blobscriptions' in First Stress Test of Blockchain's New Data System
Ethereum fees for "blobs" – the blockchain's new dedicated class of cheaper data storage – spiked Wednesday after a project called Ethscriptions created a new way of inscribin...
Ethereum's new "blob market" is taking on a life of its own. (Wikipedia/PhotoMosh)

Bees (Boba Jaglicic/Unsplash, modified by CoinDesk)
Developers Upload Script of Jerry Seinfeld’s ‘Bee Movie’ on Ethereum as Gas Fees Plunge After Dencun
Copying and pasting the Bee Movie script is a niche internet meme that originated on Tumblr and quickly spread to Reddit, YouTube, Facebook, and other social media platforms.
Bees (Boba Jaglicic/Unsplash, modified by CoinDesk)

Screenshot from Nethermind's Dencun watch party (Nethermind/YouTube)
Ethereum Finalizes 'Dencun' Upgrade, in Landmark Move to Reduce Data Fees
A key element of the upgrade is to enable a new place for storing data on Ethereum – referred to as "proto-danksharding," which gives room for a dedicated space on the blockch...
Screenshot from Nethermind's Dencun watch party (Nethermind/YouTube)

Blocknative's Ethernow countdown to Dencun (Blocknative)
Ethereum Blockchain Counts Down to 'Dencun' Upgrade, Set to Reduce Fees
The upgrade is designed to usher in a new era of cheaper fees for the growing array of layer-2 networks that operate on top of Ethereum.
Blocknative's Ethernow countdown to Dencun (Blocknative)

Shiba inu dog
Meme Coin Frenzy Drives Ethereum Network Fees to Nearly 2-Year High: IntoTheBlock
The increased network activity is benefitting ether investors by burning the token's supply at a faster pace, but it has also made Ethereum "unusable" for many due to sky-high...
Shiba inu dog

(TechCrunch/Wikimeda Commons, modified by CoinDesk)
Ethereum's Vitalik Buterin Proposes Gas Limit Increase
Ethereum's gas limit refers to the maximum amount of gas that can be expended in an individual block. A limit increase could improve network capacity and potentially reduce co...
(TechCrunch/Wikimeda Commons, modified by CoinDesk)

Circle booth at ETHDenver (Danny Nelson/CoinDesk)
Circle to Let Merchants Pay for Customers' Gas Fees With Web3 Wallet Upgrade
Southeast Asian super-app Grab is currently piloting the new product to cover gas fees for its Singaporean users if they use NFT vouchers.
Circle booth at ETHDenver (Danny Nelson/CoinDesk)

The silver lining from the Friend.tech episode is that it reveals Ethereum's scaling strategy might be working. (Creative Commons)
The Protocol: Friend.tech Fades as Crypto Craze, but Ethereum Is Scaling
This week in blockchain tech: Polygon's new "chain development kit," Farcaster's move to Optimism, Shibarium's return and Interlay's new Bitcoin layer-2 network, and Pancake S...
The silver lining from the Friend.tech episode is that it reveals Ethereum's scaling strategy might be working. (Creative Commons)

Ethereum fees known as "gas prices" have stayed low despite a recent crypto frenzy that in the past might have caused congestion. (Creative Commons, modified by CoinDesk.)
Ethereum Handled Friend.tech Frenzy Without 'Gas Fee' Spike. Why That’s a Big Deal
Friend.tech, Crypto's latest fad, didn't drive up congestion and fees on Ethereum the way frenzies have in the past – possibly a sign that the blockchain's efforts to scale by...
Ethereum fees known as "gas prices" have stayed low despite a recent crypto frenzy that in the past might have caused congestion. (Creative Commons, modified by CoinDesk.)