Blockchain Fees | ForkLog

ForkLog 40 24.02.2025

TRON runs hot: how to cut USDT transfer fees

In January 2025 Justin Sun said that the TRON team was working on feeless USDT transactions, but did not specify a timeline for implementing the idea. According to GasFeesNow, fees for USDT transfers on TRON remain the highest. In this article, together with the G-24 wallet team, we explain how to cut costs by up […]

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ForkLog 20 20.02.2025

Ethereum Transaction Fees Drop to 2020 Levels

The average transaction fee (7 DMA) on the network of the second-largest cryptocurrency by market capitalization has decreased by 70% over the week, from $2.57 to $0.77.

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ForkLog 27 11.02.2025

Ethereum Transaction Fees Drop to September Levels

The daily volume of transaction fees generated in the network of the second-largest cryptocurrency by market capitalization has fallen to levels last seen in September 2024.

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ForkLog 39 20.01.2025

Expert Highlights Scalability Limits of Ethereum’s Layer 2

The upcoming Pectra upgrade in the Ethereum network will provide “months, not years” before the capacity of BLOB objects intended for Layer 2 is exhausted, warned Polynomial co-founder Gautham Santhosh. 6/ Core devs know this is critical.@VitalikButerin said increasing blobs from 3 to 6 is more important than ALL other Pectra upgrades combined. But doubling […]

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ForkLog 21 25.12.2024

Kaiko Highlights 2024 in Ten ‘Best Charts’

Kaiko described 2024 as a landmark year for cryptocurrency markets, summarizing it through ten charts. Bitcoin’s Path to $100,000 The market strengthened following the launch of BTC-ETF, with the fourth halving proceeding without surprises. Waves of billion-dollar liquidations did not overshadow the success of digital gold. The price increase since the beginning of the year […]

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ForkLog 20 18.11.2024

Starknet Plans to Slash Fees by 80% Amid Transaction Surge

StarkWare, the developer behind the Layer 2 network Starknet, intends to quadruple transaction processing speed and cut fees by 80% in anticipation of a surge in user activity. CEO Eli Ben-Sasson shared this in an interview with Cointelegraph. The performance boost will stem from “better compilation and execution” of code on Cairo, Starknet’s native programming […]

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ForkLog 9 18.11.2024

Record Daily Fees Propel Solana to December 2021 Highs

On the morning of November 18, Solana’s price surged past $245, a level last seen in December 2021. This was driven by the network’s highest-ever fees, totaling $9.3 million. Dynamics of TVL and fees in Solana. Data: DeFi Llama. The surge in network activity was fueled by renewed interest in memecoins. On November 17, crypto […]

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ForkLog 7 04.11.2024

Tether Explores USDT Gas Payment Mechanism

Various Layer 2 solutions are working to support USDT for gas payments, according to Paolo Ardoino, CEO of the stablecoin issuer Tether. I hear again few rumors about a Tether Chain.Tether is not planning to build an official blockchain at this time.Simply different independent L2 solutions are working to support $USDt for gas fees. — […]

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ForkLog 12 30.09.2024

FalconX Highlights Benefits of Fed Rate Cuts for Ethereum

By mid-2025, the Federal Reserve’s Fed key rate is expected to fall below the yield from staking in Ethereum, potentially boosting the price of the second-largest cryptocurrency by market capitalization. This conclusion was reached by FalconX. The spread between these two parameters has remained negative since mid-2023. At the end of 2022, following the collapse […]

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ForkLog 17 26.09.2024

Tonkeeper to Enable Transaction Fee Payments with Hamster Kombat Token

Starting October 1, the non-custodial wallet Tonkeeper will support the payment of transaction fees on the TON network using Hamster Kombat (HMSTR). This method is made possible by the integrated Battery feature. According to Tonkeeper’s Chief Strategy Officer, Daniel Kauri, it is a system “abstracted from the user interface, allowing them to send transactions.” “When […]

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ForkLog 5 23.09.2024

Ethereum Transaction Fees Surge Nearly Fivefold

The average transaction fee on the Ethereum network has risen to $3.98, nearly five times the value at the beginning of September when it fell to $0.85. The recovery in transaction costs on the blockchain of the second-largest cryptocurrency by market capitalization has led to an increase in the rate of burning. On September 1, […]

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ForkLog 61 20.09.2024

TRON Reduces Transaction Fees by 50%

The transaction fees on the TRON (TRX) blockchain have been reduced by 50%, announced the project’s founder, Justin Sun. TRON Super Representatives approved a 50% fee reduction, effective in two hours. Combined with other measures this week, meme transaction fees on TRON are now among the industry’s lowest, expected to boost network and meme trading […]

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