Rushing to send coins to exchanges and DeFi platforms has caused the Ethereum network to become heavily congested. High gas prices mean new transactions now have to wait up to 44 minutes to be confirmed. Market Crash Causes Panic-Driven Network Activity, Liquidations The recent market crash was also a stress test for networks, as immediately transaction activity picked up. The Ethereum network was the first to show a significant backlog, essentially clogging transactions for close […]
