Ethereum gas fees fluctuate based on network congestion and transaction complexity. Fees can range from a few dollars to hundreds during high demand.
Use tools like GasNow and Etherscan to monitor real-time gas prices. This helps you choose the best time to make transactions and avoid overpaying.
In late 2021, Ethereum gas fees peaked at US$70 per transaction. In 2024, typical fees fluctuate between US$5 to US$30, so timing is key.
Layer 2 solutions like Polygon can save you up to 90% on gas fees, allowing for faster and cheaper transactions without congesting the Ethereum network.
By optimizing transaction timing and using Layer 2 networks, you can avoid paying excessive gas fees and protect your crypto investments.