If you tried to complete a transaction on the Ethereum network last night, you might have been surprised by the ridiculously high gas fees you saw.

For example a user Bought a $25 NFT on Saturday night. your total price? $3,325. That’s $3,300 just in fees.

So what happened?

The Ethereum network charges “gas fees” for every transaction on the blockchain. These fees are used to allow Ethereum miners to verify transactions on the…



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