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Ethereum gas fees explode, network congestion caused by WLFI token launch
Ethereum network gas fees have explosively risen to levels exceeding 130 Gwei. According to Etherscan data, this phenomenon has been confirmed to be caused by a large volume of token accumulation following the recent launch of the WLFI token.
The Reality of Network Congestion
Gas fees at the level of 130 Gwei pose a significant burden to ordinary users. It has become a situation where even processing a simple transaction incurs substantial costs. This clearly demonstrates how much the initial buying frenzy of the token launch impacts the entire network.
Scalability Issues Revisited
This incident has once again exposed the chronic scalability limitations of Ethereum. It indicates that the network experiences bottlenecks during periods of high demand. The pattern of gas fees skyrocketing whenever popular new tokens like WLFI are launched continues, suggesting that the chain’s processing capacity cannot keep up with demand.
As the Ethereum ecosystem rapidly expands, the urgent need for fundamental network infrastructure improvements continues to be evident.