Ethereum gas fees surged to around 130 gwei due to the launch of WLFI

On September 1, Etherscan revealed a notable rise in Ethereum gas fees, peaking at approximately 130 Gwei. This increase is attributed to the robust demand for WLFI tokens following their recent launch.

The surge in gas fees is a result of large-scale WLFI token acquisitions, which have significantly heightened network demand, causing the gas fees to skyrocket in a brief timeframe.

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