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Ethereum Transfer Costs Continue to Slide — Network Fees Tap a 19-Month Low

On Saturday, Ethereum transaction fees tapped a low not seen since November 2020 as the average network fee dropped to 0.0016 ether or $1.67 per transfer. Average fees on Saturday…

Continue ReadingEthereum Transfer Costs Continue to Slide — Network Fees Tap a 19-Month Low

Ethereum’s popularity ‘a double-edged sword’ — a16z’s State of Crypto Report

“Ethereum’s overwhelming mindshare helps explain why its users have been willing to pay more than $15 million in fees per day on average just to use the blockchain,” a16z stated.

Continue ReadingEthereum’s popularity ‘a double-edged sword’ — a16z’s State of Crypto Report

Polygon reaches level that last time triggered a 275% MATIC price rally — will history repeat?

MATIC has rebounded sharply after testing the July 2021 support level, borrowing further upside cues from Polygon's partnership with Meta.

Continue ReadingPolygon reaches level that last time triggered a 275% MATIC price rally — will history repeat?

‘100x Lower Than L1 Fees’ — Alchemy Integrates Ethereum L2 Product Starknet to Increase Web3 Scalability

According to the startup Starkware, the team’s Ethereum layer two (L2) service Starknet has been integrated by the blockchain API and node service Alchemy. Developers can now leverage Alchemy’s infrastructure…

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Nifty News: Collector spends $488K minting Tubby Cats, NFT vending machine

The floor price of Lana Rhoades NFT project has dropped 96.1% while a 24/7 Solana NFT vending machine was officially launched in New York this week.

Continue ReadingNifty News: Collector spends $488K minting Tubby Cats, NFT vending machine