{"id":13439,"date":"2025-02-17T09:31:35","date_gmt":"2025-02-17T09:31:35","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=13439"},"modified":"2025-02-17T09:31:35","modified_gmt":"2025-02-17T09:31:35","slug":"ethereum-slashes-fees-by-70-ahead-of-pectra-fusakas-april-rollout","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=13439","title":{"rendered":"Ethereum Slashes Fees By 70% Ahead Of Pectra, Fusaka&#8217;s April Rollout"},"content":{"rendered":"<div>\n<p>The <strong>Ethereum <\/strong>network (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) has slashed its transaction fees by 70%, leading to speculation about a potential surge in its price.<\/p>\n<p><strong>What Happened<\/strong>: The Ethereum network\u2019s transaction fee has seen a drastic fall over the week from $23 million to $7.5 million per day. This comes at a time when the blockchain is undergoing major transformations, with two key updates, Pectra and Fusaka, scheduled to roll out in April 2025, according <a href=\"https:\/\/www.cointribune.com\/en\/ethereum-cuts-its-fees-by-70-are-we-finally-going-to-see-a-price-surge\/\">to<\/a> a report by\u00a0Cointribune.<\/p>\n<p>The fee reduction is due to a higher gas limit, enabling more transactions to be processed per block. Previous fee reductions in 2021 and mid-2023 triggered a boost in network activity, as evidenced by a rise in active addresses and &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/25\/02\/43763591\/ethereum-slashes-fees-by-70-ahead-of-pectra-fusakas-april-rollout\" alt=\"Ethereum\" slashes fees by ahead of pectra fusaka april rollout>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Ethereum network (CRYPTO: ETH) has slashed its transaction fees by 70%, leading to speculation about a potential surge in its price. What Happened: The Ethereum network\u2019s transaction fee has seen a drastic fall over the week from $23 million to $7.5 million per day. This comes at a time when the blockchain is undergoing [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-13439","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13439"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/13439\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}