Ethereum gas fees briefly climbed to 10.5 Gwei, according to data from Etherscan cited by Odaily. The move came after an earlier update involving Ethereum co-founder Vitalik, who said his first original novel, Snowmoon, had been completed. Odaily said meme coins tied to that concept then appeared on the Ethereum network, pushing gas fees higher for a short period. The report did not provide additional on-chain figures beyond the 10.5 Gwei reading, and it described the increase as temporary rather than sustained. The development links a burst of meme-coin activity on Ethereum with a near-term rise in transaction costs on the network.
Ethereum gas fees briefly rose to 10.5 Gwei, according to Etherscan data cited by Odaily.
In an earlier update, Vitalik said his first original novel, Snowmoon, had been completed. Odaily said meme coins tied to that concept then appeared on the Ethereum network, leading to a short-lived increase in gas fees.
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