The Ethereum (ETH) network continues to work on the edge of scalability. Based on its rules of free competition, transaction prices are rising across the board. Now, fast transaction fees have inched up to $0.13, and even for regular transactions, fees are a few times higher at $0.09, with prices growing a bit each day.
In the past month, two chief smart contracts have used the network most actively - the Fair Win scheme, and the Tether smart contract. Both paid more than $1.3 million’s equivalent in fees in the past month alone. The Fair Win scheme may be on the way out, as it is probably a Ponzi and may end with a crash.