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eHEX Gas Report

February 27, 2024

eHEX Gas Report

As Ethereum GAS prices fluctuate/rise it affects the cost for transactions. There is a direct correlation between the price of ETH and the associated fiat costs, higher ETH prices translate to increased cost. Moreover, heightened congestion on the Ethereum network corresponds to
escalated gas prices per unit gwei, amplifying transaction expenses. This report helps in timing
transactions to avoid paying inflated fees unnecessarily.

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