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Live Ethereum gas prices sourced from the Etherscan Gas Oracle. Cached for 30 seconds.
Gas fees are payments made by users to compensate for the computing energy required to process and validate transactions on the Ethereum blockchain. The fee is measured in “Gwei,” which is a denomination of Ether (1 Gwei = 0.000000001 ETH).
Higher gas prices mean faster transaction processing because validators prioritize transactions with higher fees. During periods of high network activity (e.g., popular NFT drops or DeFi events), gas prices can spike significantly.