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Elastos

Elastos

ELA

Global Average

ELA/USD

1H 12H 1D 3D 1W 1M 3M 6M 1Y 2Y 3Y

Rank

458

Market Cap

$39.94MM

Circulating Supply

24.94MM ELA

Volume (1D)

$228.91K

Signals

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Elastos

Marketing

Elastos

Talha Idris, Cyber Republic Community Member

“To put it simply, the more popular Ethereum gets, the less efficient it gets, causing it to significantly slow while charging ridiculous gas fees.” Kiran Pachhai gives a great interview in Hackernoon on Elastos, Ethereum and Defi. hackernoon.com/ethereums-rising-gas-fee-hurts-defi-and-the-ethereum-ecosystem-itself-kiran-pachhai-of-elastos-qn3s3weo

Ethereum's Rising Gas Fee Hurts DeFi and the Ethereum Ecosystem Itself - Kiran Pachhai of Elastos | Hacker Noon

There is no question that there has been considerable progress and development in the DeFi ecosystem. Still, it is prudent for investors to steer clear at least at the moment as transaction fees guzzle the entire ecosystem.