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ApeCoin (APE) $ 0.752393
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Mina Protocol (MINA) $ 0.416739
Coinbase Wrapped Staked ETH (CBETH) $ 2,504.57
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Zcash (ZEC) $ 30.32
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L2 Standard Bridged WETH (Blast) (WETH) $ 2,318.64
Frax Ether (FRXETH) $ 2,319.53
AIOZ Network (AIOZ) $ 0.379907
Axelar (AXL) $ 0.537721
XDC Network (XDC) $ 0.028183
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Aerodrome Finance (AERO) $ 0.681485
BOOK OF MEME (BOME) $ 0.006051
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Bridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999768
Jupiter Staked SOL (JUPSOL) $ 135.79
Oasis Network (ROSE) $ 0.060467
APENFT (NFT) $ 0.00000041
USDB (USDB) $ 1.00
Theta Fuel (TFUEL) $ 0.059061
Gnosis (GNO) $ 149.24
Bitcoin Gold (BTG) $ 21.94
Raydium (RAY) $ 1.45
MX (MX) $ 3.90
cat in a dogs world (MEW) $ 0.004267
Compound (COMP) $ 42.24
L2 Standard Bridged WETH (Base) (WETH) $ 2,319.73
Echelon Prime (PRIME) $ 7.94
Binance-Peg BUSD (BUSD) $ 1.00
SuperVerse (SUPER) $ 0.805945
WEMIX (WEMIX) $ 0.883798
Beldex (BDX) $ 0.053943
Turbo (TURBO) $ 0.005218
SafePal (SFP) $ 0.735280
Baby Doge Coin (BABYDOGE) $ 0.00000000
Polygon PoS Bridged WETH (Polygon POS) (WETH) $ 2,319.80
Sundog (SUNDOG) $ 0.338176
Trust Wallet (TWT) $ 0.818340
Ondo US Dollar Yield (USDY) $ 1.06
Safe (SAFE) $ 0.710977
Blur (BLUR) $ 0.180028
Kava (KAVA) $ 0.312006
Mog Coin (MOG) $ 0.00000093
Neiro (NEIRO) $ 0.000827
Dymension (DYM) $ 1.64
Osmosis (OSMO) $ 0.482547
Staked Frax Ether (SFRXETH) $ 2,546.26
PepeCoin (PEPECOIN) $ 2.77
Bitcoin Avalanche Bridged (BTC.b) (BTC.B) $ 60,170.00
IoTeX (IOTX) $ 0.034130
Reserve Rights (RSR) $ 0.006289
Curve DAO (CRV) $ 0.268347
Aevo (AEVO) $ 0.366908
Swell Ethereum (SWETH) $ 2,476.02
Lombard Staked BTC (LBTC) $ 60,271.00
1inch (1INCH) $ 0.242249
Kusama (KSM) $ 19.83
GMT (GMT) $ 0.122872
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SingularityNET (AGIX) $ 0.586318
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WOO (WOO) $ 0.161642
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Arkham (ARKM) $ 1.01
Stader ETHx (ETHX) $ 2,410.27
MMX (MMX) $ 1.92
JUST (JST) $ 0.027844
Golem (GLM) $ 0.274229
QuantixAI (QAI) $ 76.99
Galxe (GAL) $ 2.12
Manta Network (MANTA) $ 0.708896
Memecoin (MEME) $ 0.010068
CorgiAI (CORGIAI) $ 0.000763
Ultima (ULTIMA) $ 6,571.11
Basic Attention (BAT) $ 0.174703
cWBTC (CWBTC) $ 1,208.28
Illuvium (ILV) $ 37.79
aelf (ELF) $ 0.353366
Terra (LUNA) $ 0.373314
Gravity (G) $ 0.035421
Jito (JTO) $ 2.02
Zilliqa (ZIL) $ 0.013429
Ankr Network (ANKR) $ 0.025305
Avail (AVAIL) $ 0.142581
Celo (CELO) $ 0.456737
Olympus (OHM) $ 15.46
Polygon Bridged WBTC (Polygon POS) (WBTC) $ 60,168.00
0x Protocol (ZRX) $ 0.285185
Siacoin (SC) $ 0.004211
Ravencoin (RVN) $ 0.016783
Enjin Coin (ENJ) $ 0.138303
ZetaChain (ZETA) $ 0.593396
Polymesh (POLYX) $ 0.218181
Ether.fi (ETHFI) $ 1.36
Usual USD (USD0) $ 1.00
Qtum (QTUM) $ 2.25
DOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.002353
Rollbit Coin (RLB) $ 0.096371
Aethir (ATH) $ 0.057835
Simon's Cat (CAT) $ 0.000035
Aragon (ANT) $ 5.83
Sun Token (SUN) $ 0.023682
OUSG (OUSG) $ 108.03
CoinEx (CET) $ 0.079801
GMX (GMX) $ 22.91
Mask Network (MASK) $ 2.18
Quorium (QGOLD) $ 2,567.68
Radix (XRD) $ 0.020429
Gas (GAS) $ 3.27
Mantle Bridged USDT (Mantle) (USDT) $ 1.00
Threshold Network (T) $ 0.021389
Flux (FLUX) $ 0.591996
Liquid Staked ETH (LSETH) $ 2,443.44
Arbitrum Bridged USDC (Arbitrum) (USDC.E) $ 1.00
tBTC (TBTC) $ 60,206.00
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Qubic (QUBIC) $ 0.000002
Saga (SAGA) $ 1.98
Ocean Protocol (OCEAN) $ 0.585661
Venom (VENOM) $ 0.107231
Rocket Pool (RPL) $ 9.63
dYdX (ETHDYDX) $ 0.873191
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Goldfinch (GFI) $ 2.35
EthereumPoW (ETHW) $ 1.78
Decred (DCR) $ 11.79
MimbleWimbleCoin (MWC) $ 17.47
Blast (BLAST) $ 0.009484
Biconomy (BICO) $ 0.220105
Tribe (TRIBE) $ 0.416549
Binance-Peg Dogecoin (DOGE) $ 0.101196
Nexus Mutual (NXM) $ 52.72
Metis (METIS) $ 31.34
AltLayer (ALT) $ 0.080679
Osaka Protocol (OSAK) $ 0.00000024
io.net (IO) $ 1.92
API3 (API3) $ 1.53
Polygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999749
COTI (COTI) $ 0.103296
UMA (UMA) $ 2.12
Wrapped Beacon ETH (WBETH) $ 2,435.43
Bridged Ether (StarkGate) (ETH) $ 2,332.36
SKALE (SKL) $ 0.032414
Big Time (BIGTIME) $ 0.156044
Centrifuge (CFG) $ 0.330183
Alchemix USD (ALUSD) $ 0.981919
Band Protocol (BAND) $ 1.13
Chromia (CHR) $ 0.196285
Convex Finance (CVX) $ 1.99
Gomining Token (GOMINING) $ 0.390008
yearn.finance (YFI) $ 4,834.10
Nosana (NOS) $ 1.93
Drift Protocol (DRIFT) $ 0.711306
Arcblock (ABT) $ 1.63
cETH (CETH) $ 46.65
Bitkub Coin (KUB) $ 1.77
Tellor Tributes (TRB) $ 60.06
NEM (XEM) $ 0.017423
Hivemapper (HONEY) $ 0.061220
Audius (AUDIO) $ 0.123057
Yield Guild Games (YGG) $ 0.400369
Open Campus (EDU) $ 0.592164
Ontology (ONT) $ 0.169417
Creditcoin (CTC) $ 0.406814
Renzo Restaked LST (PZETH) $ 2,735.99
Kadena (KDA) $ 0.518834
SSV Network (SSV) $ 21.15
VeThor (VTHO) $ 0.001842
Alephium (ALPH) $ 1.69
Frax Share (FXS) $ 1.81
PONKE (PONKE) $ 0.269985
Moonbeam (GLMR) $ 0.160935
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Harmony (ONE) $ 0.011794
Gigachad (GIGA) $ 0.015069
Wrapped Ether (Mantle Bridge) (WETH) $ 2,322.67
Loopring (LRC) $ 0.115268
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Elixir deUSD (DEUSD) $ 1.00
GHO (GHO) $ 1.01
Chia (XCH) $ 12.91
PAAL AI (PAAL) $ 0.163510
Vanar Chain (VANRY) $ 0.098293
STASIS EURO (EURS) $ 1.11
BounceBit (BB) $ 0.335867
Banana Gun (BANANA) $ 39.72
Casper Network (CSPR) $ 0.011052
Zignaly (ZIG) $ 0.095809
Aleph Zero (AZERO) $ 0.401166
Wexo (WEXO) $ 2.54
Mythos (MYTH) $ 0.180829
Delysium (AGI) $ 0.117454
CHEX Token (CHEX) $ 0.129650
Cronos Bridged USDC (Cronos) (USDC) $ 0.999560
H2O Dao (H2O) $ 0.156370
Ozone Chain (OZO) $ 0.236405
ICON (ICX) $ 0.125872
Lisk (LSK) $ 0.801435
BasedAI (BASEDAI) $ 3.51
Telcoin (TEL) $ 0.001601
Solar (SXP) $ 0.200207
Horizen (ZEN) $ 7.91
Escoin (ELG) $ 0.662109
BitMart (BMX) $ 0.356805
Moca Coin (MOCA) $ 0.106306
Solayer Staked SOL (SSOL) $ 133.59
Blox (CDT) $ 0.176828
Sushi (SUSHI) $ 0.615377
Coinbase Wrapped BTC (CBBTC) $ 60,147.00
WHY (WHY) $ 0.00000028
Taiko (TAIKO) $ 1.54
UXLINK (UXLINK) $ 0.684907
JOE (JOE) $ 0.324923
NKYC Token (NKYC) $ 29.23
Metars Genesis (MRS) $ 1.38
Non-Playable Coin (NPC) $ 0.014441
World Mobile Token (WMT) $ 0.186120
Kinesis Gold (KAU) $ 82.56
Kinesis Silver (KAG) $ 30.74
Velo (VELO) $ 0.015523
ETHPlus (ETH+) $ 2,363.16
OKT Chain (OKT) $ 6.41
Ecoin (ECOIN) $ 0.000248
TrueFi (TRU) $ 0.097995
Venus (XVS) $ 6.99
0x0.ai: AI Smart Contract (0X0) $ 0.126669
DigiByte (DGB) $ 0.006542
Everscale (EVER) $ 0.056441
Kelp Gain (AGETH) $ 2,378.79
Nano (XNO) $ 0.840327
Verus (VRSC) $ 1.40
Xai (XAI) $ 0.187012
Across Protocol (ACX) $ 0.258678
VVS Finance (VVS) $ 0.000002
ECOMI (OMI) $ 0.000391
Tron Bull (BULL) $ 0.106418
Balancer (BAL) $ 1.78
WAX (WAXP) $ 0.030356
MCOIN (MCOIN) $ 0.598816
Ontology Gas (ONG) $ 0.270186
Songbird (SGB) $ 0.007057
iExec RLC (RLC) $ 1.46
Paycoin (PCI) $ 0.103008
Pax Dollar (USDP) $ 1.00
Super OETH (SUPEROETHB) $ 2,317.10
Cartesi (CTSI) $ 0.126052
Merlin Chain (MERL) $ 0.289162
Numeraire (NMR) $ 14.14
Pixels (PIXEL) $ 0.133936
Helium Mobile (MOBILE) $ 0.001050
Zentry (ZENT) $ 0.017524
Waves (WAVES) $ 1.02
Universal ETH (UNIETH) $ 2,487.01
Powerledger (POWR) $ 0.192736
StakeWise Staked ETH (OSETH) $ 2,391.80
Bone ShibaSwap (BONE) $ 0.402805
inSure DeFi (SURE) $ 0.003726
Neutron (NTRN) $ 0.358382
Orbs (ORBS) $ 0.022812
Marlin (POND) $ 0.012230
Dusk (DUSK) $ 0.212873
Matr1x Fire (FIRE) $ 1.56
Function X (FX) $ 0.129856
Synapse (SYN) $ 0.449852
Standard Bridged USDC.e (Optimism) (USDC.E) $ 1.00
TerraClassicUSD (USTC) $ 0.016778
IX Swap (IXS) $ 0.542012
Magic (MAGIC) $ 0.365353
Tokenlon (LON) $ 0.846279
Bounce (AUCTION) $ 14.96
Pundi X (PUNDIX) $ 0.374974
MAGA (TRUMP) $ 2.10
Telos (TLOS) $ 0.227184
Bridged Wrapped stETH (Gnosis) (WSTETH) $ 2,733.89
Coin98 (C98) $ 0.114946
Coq Inu (COQ) $ 0.000001
BOBO Coin (BOBO) $ 0.000001
LCX (LCX) $ 0.121317
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Kittekoin (KOIN) $ 0.092529
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Prom (PROM) $ 5.02
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My Neighbor Alice (ALICE) $ 0.976333
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Stratis (STRAX) $ 0.045203
Wrapped QUIL (QUIL) $ 0.247371
IOST (IOST) $ 0.004735
Oraichain (ORAI) $ 5.40
MVL (MVL) $ 0.003462
L2 Standard Bridged WETH (Optimism) (WETH) $ 2,326.53
Moonriver (MOVR) $ 9.62
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USDX (USDX) $ 0.736980
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Civic (CVC) $ 0.106837
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Status (SNT) $ 0.021483
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Purr (PURR) $ 0.139552
Dione (DIONE) $ 0.008815
Hive (HIVE) $ 0.183988
Omni Network (OMNI) $ 7.99
Syscoin (SYS) $ 0.104837
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Apu Apustaja (APU) $ 0.000253
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Crown by Third Time Games (CROWN) $ 0.413784
dKargo (DKA) $ 0.018991
HarryPotterObamaSonic10Inu (ETH) (BITCOIN) $ 0.081414
Liquity (LQTY) $ 0.840169
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MiL.k Alliance (MLK) $ 0.206931
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Optimism Bridged WBTC (Optimism) (WBTC) $ 60,165.00
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Moonwell (WELL) $ 0.025675

ETH Gas Fees Hit Monthly Low as Market Cools Down

By Aleksandr On Jun 6, 2021

Ethereum gas fees have dropped to a new monthly low on Sunday. This comes off the back of a large price correction seen in May.

ETH gas fees dropped to ten gwei on Sunday. The latest drop in gas fees now sees ethereum transactions as being more viable once again.

The decline in gas fees comes after a tumultuous month in the markets. Ethereum saw a 60% decline in price during May. However the cryptocurrency has since recovered by 54% in June.

Source: Tradingview

ETH all-time high hurts gas fees

Ethereum had previously reached a new all-time high of $4,300 in May. The climb in price occurred during the non-fungible tokens (NFT) surge. While decentralized finance (DeFi) applications also saw upticks in volume. The demand pushed gas fees to 200 gwei for slow transactions, with rapid transactions clearing at nearly 500 gwei.

However the decline in price, coupled with bitcoins recent price correction has seen the market cool off dramatically.

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On Sunday, ethereum transactions could be sent with as little as ten gwei, or $0.57 according to Etherscan. Transactions at one point dropped to five gwei.

The current cost of an ethereum transaction is a new monthly low.

Source: Etherscan

ETH upgrades expected to scale transaction fees

Ethereum has currently been battling to scale in terms of transaction fees. However, plans are still in motion to launch ETH 2.0. The project recently completed the Berlin upgrade. With Ethereum Improvement Proposals (EIPs) included to assist in improving gas prices.

ETH killers still a long way off

Ethereum competitors currently have been unable to match the ethereum blockchain in terms of popularity. Market analysis and risk rating firm Weiss Crypto has previously reported that it was “highly skeptical” about Layer1 networks catching up to ethereum.

Aleksandr 1790 posts 0 comments

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