Ethereum’s gas fees hit 38 gwei: mainnet gas fees on the Ethereum network have soared to 38 gwei. this rise reflects heightened demand and activity, prompting concerns over increased transaction costs for executing smart contracts and using decentralized apps.
Developers face pressure to cut costs: as gas fees increase due to Ethereum’s network congestion, developers must optimize transactions or consider alternatives. scalability solutions are being explored to manage costs and enhance efficiency, impacting strategies for users and developers alike.