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The latest Base gas update seems to have solved congestion spikes (for now). We're back to blob-only fees, which have stabilized around $0.05 https://t.co/NhkleEgqEX
BASE TRANSACTIONS REACH RECORD HIGHS On March 29, Base recorded an all-time high of 2.27M transactions, according to data from a Dune Analytics dashboard. This surge in daily activity follows a previous record set on March 18, when weekly transactions on Base reached… https://t.co/Jrj9nr57oc
we've increased the gas target on @base to 5 mgas/s fees are declining quickly and expect them to stabilize lower — though there may be increased demand! our long term goal is to achieve 1 Ggas/s (400x!) and we'll be sharing more on our path in the weeks ahead https://t.co/JrHKfcdN8E
Base, a platform, has reduced transaction fees by increasing the gas target to 5 mgas/s, aiming to stabilize fees lower despite potential increased demand. The long-term goal is 1 Ggas/s, with a recent record high of 2.27M transactions on March 29.
