![Polygon Version of Bitcoin Ordinals Sends Gas Fees Skyrocketing Polygon Version of Bitcoin Ordinals Sends Gas Fees Skyrocketing](https://img.decrypt.co/insecure/rs:fill:1024:512:1:0/plain/https://cdn.decrypt.co/wp-content/uploads/2023/06/polygon-smart-phone-gID_7.jpg@png)
Gas fees for transactions on Polygon’s proof-of-stake chain skyrocketed to more than $0.10 or 5,000 gwei on Thursday—rising sharply as the Ethereum scaling solution weathered an apparent influx of inscriptions-related, PRC-20 activity. As…
![Ethereum Massive Burn Begins | Gas Fee Surge Causes Deflationary ETH Ethereum Massive Burn Begins | Gas Fee Surge Causes Deflationary ETH](https://i.ytimg.com/vi/FPuya1FtahA/maxresdefault.jpg)
The mint of a project called XEN Crypto and its token (XEN) attracted the participation of more than 364,114 wallet addresses and triggered a surge in Ethereum network gas fees for 2 consecutive…