Is there a specific time of day when ETH gas fees tend to be lower?

3 answers

• Dec 26, 2021 · 3 years ago
  Well, gas fees on the Ethereum network can vary throughout the day. Generally, gas fees tend to be lower during off-peak hours, such as late at night or early in the morning. This is because there is usually less network congestion during these times, resulting in lower demand for block space. However, it's important to note that gas fees can still fluctuate depending on the overall network activity and the complexity of the transactions being processed.
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• Dec 26, 2021 · 3 years ago
  From my experience, I've noticed that gas fees are usually lower during the weekends compared to weekdays. This could be due to the fact that there are fewer transactions being processed during weekends, resulting in less competition for block space. However, it's worth mentioning that gas fees can still spike during periods of high demand, such as during major token sales or network upgrades.
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• Dec 26, 2021 · 3 years ago
  According to data from BYDFi, a popular cryptocurrency exchange, gas fees on the Ethereum network tend to be lower during the early morning hours, typically between 2 am and 6 am UTC. This is because there is generally less network congestion during this time, as most users are asleep or less active. However, it's important to keep in mind that gas fees can still be influenced by various factors, including network upgrades, decentralized finance (DeFi) activity, and overall market conditions.
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