Ethereum gas prices have skyrocketed lately, given the growing popularity of NFTs and the boom in DeFi. With reports of some people paying up to $150 per transaction at the height of Ethereum volatility, it’s no wonder people are looking for ways to monitor gas prices to save money. After all, not all users can afford to pay such high prices for their transactions, and it would be unfair to cancel Ethereum for its high cost of use.
Therefore, the best approach is to wait for an ideal time when the network is not congested and gas prices are low.
Fortunately, there are several ETH gas trackers available online that can help users keep an eye on current gas prices. These tools can be very useful for those who want to avoid paying exorbitant fees for their transactions.
Table of Contents:
What is gas regarding Ethereum?
In the Ethereum network, gas is used to pay transaction fees. Every transaction that is made on the Ethereum network requires a certain amount of gas. You will often see gas denominated in Gwei, which is a unit of Ether (the currency of Ethereum).
The amount of gas required for a transaction depends on the complexity of the transaction.
What is a Gas Tracker?
A gas tracker is a tool that helps users monitor current gas prices on the Ethereum network.
Gas prices can fluctuate quite frequently and therefore users need to have a reliable way of monitoring prices. Gas trackers usually also offer other features such as gas price history or a gas price calculator.
Gas locators generally cannot be installed in a browser, but they are also available as standalone mobile apps. There are some wallets or exchanges that have gas trackers built into their software.
What is the best ETH Gas Tracker?
There is no definitive answer to this question as there are several gas trackers available and each has its own set of features.
Here’s a quick look at some of the most popular apps currently available:
EtherScan Gas Tracker
EtherScan’s gas tracker is one of the most popular tools for monitoring ETH gas prices. The tool provides users with real-time data on current gas prices. In addition, it also offers a history of past gas prices so that users can see how prices have fluctuated over time.
On this site, you can find gas price charts and charts to confirm the block in the last 1000 blocks that can help predict future gas prices. The EtherScan interface also gives users a clear view of the estimated cost of transactions between popular dApps (decentralized applications) such as OpenSea and Uniswap.
UseWeb3
UseWeb3 is a true ETH gas tracker that also provides users with a number of other features. In addition to monitoring gas prices, UseWeb3 also allows users to compare gas prices across different ETH wallets.
This can be useful for those who want to find the cheapest option for their needs. Users also have a clear view of average transaction costs across multiple dApps and DeX in the Ethereum ecosystem. The site also includes a gas price calculator so that users can estimate the cost of individual transactions. UseWeb3 also provides users with a number of other useful ETH-related resources, such as an ETH price chart, an Ethereum academy, and an ETH block explorer, to name a few.
Blocknative Gas Estimator
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Blocknative gas estimator is another popular gas tracker that offers some different features. In addition to monitoring gas prices, Blocknative Gas Estimator also gives users a clear view of the gas they would pay based on the likelihood of prioritizing their transaction on the Ethereum network.
With Blocknative Gas Estimator, users can pay to receive gas updates every second, minute or hour. This is a great feature for those who want to make sure they get the most up-to-date information on gas prices. The site also includes a history of gas prices so users can see how prices have fluctuated over time.
GasGas
GasGas is a simple ETH gas tracker built similarly to a plug-and-play replacement for GasNow’s API.
With a simple minimalist interface, you can view gas rates in real time based on the degree of priority you’re willing to pay. For example, you can view the priority category “Slow” with its gas price set which will confirm the transaction in ~10 minutes 85% of the time. If you are willing to pay a higher fee, you can also view the gas price category “Rapid”, which is the price of the gas that will confirm your transaction in ~15 minutes 50% of the time.
GasPrice.io
GasPrice.io equipped with an intuitive user interface with clear graphs and charts showing how much gas value in USD you should pay for instant, fast and ECO transactions.
The ETH gas tracker also includes a history of gas prices so users can see how prices have fluctuated over time. In addition, the site provides users with a number of other useful resources such as in-depth transaction pool analysis tools, real-time transaction pool viewing, and an ETH gas price calculator.
Conclusion: Always be aware of the cost of gas
Choosing the best ETH gas tracker for your needs is important. Gas prices can fluctuate, so it’s important to stay up to date on the latest prices. The ETH gas detectors we listed above are our top picks for the best ETH gas trackers.
As the Ethereum network continues to grow and scale, so will the need for accurate and up-to-date ETH gas monitoring tools. These tools are vital for those who want to avoid paying exorbitant fees for their transactions. With the help of these gas trackers, users can be sure to always pay the lowest possible gas prices. Each of these ETH gas trackers has its own unique features and advantages. We hope this list helps you find the best ETH gas tracker for your needs.
