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Vauld Insights 2022-05-12 14:30:00

ETH’s Price Dip Causes Network Congestion, Uptick In Gas Fees

The Fear and Greed index currently stands at 12, among the lowest levels since 2018. ETH’s transaction volumes spiked to 9.23 million on May 11, the highest since June 2021. Due to the surge in transaction volumes, ETH faced significant network congestion yesterday. The native token of the Ethereum blockchain, Ether, was in freefall as […]The post ETH’s Price Dip Causes Network Congestion, Uptick In Gas Fees appeared first on Vauld Insights.

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