ChainCatcher message, the latest data shows that the average Gas fee on the Ethereum network has risen to 50.432 gwei, attracting market attention. Gas fees are the costs users pay when conducting transactions on the Ethereum network, and their price fluctuations often reflect the network's usage and congestion levels.
The recent rise in Gas fees may be related to the increase in network activity, particularly in the active trading within the decentralized finance (DeFi) and non-fungible token (NFT) sectors. Investors should closely monitor this change, as high Gas fees may impact transaction costs and user experience.
Additionally, fluctuations in Gas fees could also affect Ethereum's market capitalization ranking, warranting continuous tracking.