Ethereum is notoriously heavy in gas consumption, many people who are starting out in the crypto space admittedly can easily be priced out when gas fees spike due to certain activities saturating the block space such as a massive cascading liquidation or an overhyped NFT collection launch. The issue with the high gas cost to initiate a transaction on Ethereum is driven by the demand for block space. Blockchains of any size are in the business of providing block spaces for end-users and develo...

Ethereum is notoriously heavy in gas consumption, many people who are starting out in the crypto space admittedly can easily be priced out when gas fees spike due to certain activities saturating the block space such as a massive cascading liquidation or an overhyped NFT collection launch. The issue with the high gas cost to initiate a transaction on Ethereum is driven by the demand for block space. Blockchains of any size are in the business of providing block spaces for end-users and develo...