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What have caused the recent default gas price

  • To go up (default was in some point near 100 GWei)

  • To come down (now it seems to be 20 GWei)

Specifically, was this because of

  • Actual demand for Ethereum transactions

  • Gas oracles, other gas price estimation mechanisms

  • 3
    IMO the main cause were gas wars during big ICO sales and projects like Cryptokitties which skyrocketed demand for transactions. And the price growth ofc. – Roman Frolov Jan 30 '18 at 14:13

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