Ethereum Fees at Low Levels
01
Jul, 2024

Ethereum Fees at Low Levels

Over the past weekend, we've seen a massive drop in Ethereum fees, to levels we've seen since 2016.

 

In fact, this phenomenon took place on a day that had a lot of activity both in terms of number of transactions and value of transactions.

 

Fees seemed like a major problem in Ethereum and many developers had turned to cheaper solutions like Solana.

 

Of course, the high fees created a security "wall" for Ethereum but now the new updates will have new cybersecurity elements for DDOS attacks.

 

This is expected to bring more additions to the Ethereum ecosystem and how new projects will develop around it.

 

Maybe the next generation of NFTs will come back to Ethereum and so the deck will be reshuffled in this phase…..

 

Our company, BCASH™, is a licensed Greek company by the Hellenic Capital Market Commission (exchange license) and manufactures/operates cryptocurrency ATMs throughout Greece. One of the locations is at Kalamata, Greece, while you can find all the locations where our ATMs are placed at https://bcash.eu/en/locations

 

Almost all of the spaces are private and autonomous with high-security standards. Most of the locations offer free wireless internet connection.

 

At BCASH™ ATMs, you can buy and sell cryptocurrencies at the best market rate, such as Bitcoin | Ethereum | USDT | Litecoin | Dash | XRP | XLM.

 

If you have any questions, you can contact our customer support service at +30 6987812000 & +30 6998499499 (Viber, Whatsapp, Telegram supported).