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Gas fees on the Ethereum network have soared to levels not seen since March 2023, driven by the growing interest in a new experimental token standard known as ERC-404. Ethereum Gas Fees Reach Peak Levels On February 9, Ethereum gas prices soared to an average peak of 70 gwei, equivalent to $60 for a standard The post Ethereum Gas Fees Surge to 8-Month High As ERC-404 Tokens Take Off appeared first on Cryptonews .