Ethereum Gas Used Per Day Daily Analysis: Ethereum Statistics (2024)

FAQs

Ethereum Gas Used Per Day Daily Analysis: Ethereum Statistics? ›

Ethereum Gas Used Per Day is at a current level of 108.50B, up from 108.28B yesterday and up from 107.43B one year ago. This is a change of 0.20% from yesterday and 1.00% from one year ago.

Basic Info

Ethereum Transactions Per Day is at a current level of 1.116M, down from 1.124M yesterday and up from 1.014M one year ago. This is a change of -0.77% from yesterday and 10.00% from one year ago. Ethereum Transactions Per Day reflects the daily number of transactions completed on the Ethereum network.

In doing so, every user tried to outbid as many other users as possible to try and get their transactions validated first. By default, the minimum gas unit you must spend on any Ethereum transaction is 21,000.

Ethereum Average Gas Price is at a current level of 2.864, down from 3.785 yesterday and down from 27.73 one year ago. This is a change of -24.35% from yesterday and -89.67% from one year ago.

When are the Ethereum gas fees the lowest? Between 2 and 6 PM UTC, Ethereum transaction fees are the highest. The best times to do Ethereum transactions are early in the morning, between 1:00 and 2:00 UTC, or late at night, between 9:00 and 11:00 UTC.

How Many Ethereum Coins Are There (New) Everyday? Since Ethereum switched to proof of stake, the number of Ether minted per day has decreased significantly. Now, roughly 1,700 ETH are issued every day.

Ethereum Blocks Per Day is at a current level of 7179.00, up from 7161.00 yesterday and up from 7139.00 one year ago. This is a change of 0.25% from yesterday and 0.56% from one year ago.

Ethereum Gas Used Per Day is at a current level of 108.50B, up from 108.28B yesterday and up from 107.43B one year ago. This is a change of 0.20% from yesterday and 1.00% from one year ago.

Ethereum Average Gas Limit is at a current level of 30.00M, down from 30.00M yesterday and up from 30.00M one year ago. This is a change of -0.00% from yesterday and 0.01% from one year ago.

When the network is busy, such as during peak usage times, gas fees can increase due to heightened competition for block space. Transactions involving complex smart contracts typically incur higher fees because they require more computational resources to execute.

How to calculate Ethereum gas fee? ›

Your total Ethereum gas fee is determined by adding the base fee to the optional tip and multiplying that sum by the amount of gas used.

ETH gas fees are calculated based on the amount of computational resources (gas) required to execute a transaction or smart contract on the Ethereum network. The higher the gas limit and gas price set, the higher the fee.

Ethereum gas prices vary a lot, even from one hour to another. Statistically, it's been shown that the lowest gas prices can be found in the mornings and on the weekends.

Experts say the best time of day to buy cryptocurrency is early in the morning before the NYSE opens since values tend to rise as the day goes on. Be sure to pay attention to slight daily fluctuations across different cryptocurrencies since trends will vary from coin to coin.

Gas limit represents the total amount of gas you want to spend per transaction. It's expressed by units - for example, for basic Ethereum transactions, the minimum gas limit is at least 21,000 units. Anything less than that means your transaction won't get picked up and processed by miners.

The live Ethereum price today is $2,423.14 USD with a 24-hour trading volume of $12,994,516,527 USD. We update our ETH to USD price in real-time. Ethereum is up 3.14% in the last 24 hours. The current CoinMarketCap ranking is #2, with a live market cap of $291,588,087,999 USD.

Ethereum Network Transaction Fees Per Day is at a current level of 349.13, down from 487.74 yesterday and down from 470.75 one year ago. This is a change of -28.42% from yesterday and -25.84% from one year ago.