Ethereum gas price spikes 29% in January as user activity grows: Report

by Aurelia Butler 8 February 2023, 11:40 169 Views

According to a data report from Analytex, Ethereum’s average gas price — calculated in terms of the smallest Ether (ETH) denomination, gwei — increased by 29.27% in January 2023. The report compares gas prices from January to December 2022, noting an increase in user activity as a key indicator for the rise in average gas price from 19.2 gwei to 24.82 gwei month-on-month.

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Source: Cryptocurrency - investing.com

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Ethereum gas price spikes 29% in January as user activity grows: Report

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