Ethereum’s gas woes get a fix as MetaMask launches ‘Gas Station’
For years, Ethereum users have struggled with failed transactions due to insufficient gas fees. MetaMask’s new Gas Station eliminates this hassle by covering fees within the swap process itself. On Feb. 5, MetaMask introduced “Gas Station,” a new feature aimed at addressing one of the most frustrating roadblocks in the Ethereum (ETH) ecosystem—insufficient gas fees […]
Ethereum adjusts gas limit for the first time since 2021
The Ethereum network has recently raised its gas limit to more than 30 million with over 50% of validators indicating the change. According to data from gaslimit.pics, the average gas limit in the Ethereum (ETH) network has nearly reached 32 million gas units within the past 24 hours, surpassing the previous 30 million gas limit. […]
Circle launches Paymaster to allow users pay gas fees with USDC
Stablecoin issuer Circle has introduced a new feature called Circle Paymaster, enabling users to pay gas fees using the USDC stablecoin. The USDC (USDC) issuer said in an announcement that the on-chain utility solution Circle Paymaster was now live on Arbitrum and Base, two leading Ethereum (ETH) layer-2 solutions. With this product, users on the […]
What is Gwei? Gas fees and Ethereum transactions explained
What is Gwei in crypto? In the Ethereum network, Gas is used to pay for transaction fees. Gas prices are typically denominated in Gwei. Let’s take a closer look at what Gwei is and how it impacts your Ethereum (ETH) transactions. What is Gwei? Gwei explained What does Gwei mean in crypto? It’s essentially the […]
