{"id":34432,"date":"2023-12-19T22:21:30","date_gmt":"2023-12-19T22:21:30","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2023\/12\/19\/polygon-tops-in-inscriptions-challenges-avalanche-on-high-fees\/"},"modified":"2023-12-19T22:21:30","modified_gmt":"2023-12-19T22:21:30","slug":"polygon-tops-in-inscriptions-challenges-avalanche-on-high-fees","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2023\/12\/19\/polygon-tops-in-inscriptions-challenges-avalanche-on-high-fees\/","title":{"rendered":"Polygon Tops in Inscriptions, Challenges Avalanche on High Fees"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p><span data-preserver-spaces=\"true\">Polygon co-founder Sandeep Nailwal revealed in a current\u00a0<\/span><a rel=\"nofollow noopener\" class=\"editor-rtfLink\" href=\"https:\/\/twitter.com\/sandeepnailwal\/status\/1736774471325798554\" target=\"_blank\"><span data-preserver-spaces=\"true\">post<\/span><\/a><span data-preserver-spaces=\"true\"> on X that the blockchain recorded over 161 million inscriptions. The inscription statistics shared by the co-founder place BNB in the second spot with 77 million inscriptions and Avalanche follows with 60 million.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Nailwal shared, \u201cHighest number of inscriptions on @0xPolygon POS, 161m. More than 2X the amount of inscriptions on the second-ranked chain for inscriptions.\u201d<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<figure id=\"attachment_170261\" aria-describedby=\"caption-attachment-170261\" style=\"width: 950px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-170261 size-full\" alt=\"Post by Sandeep Nailwal\" width=\"950\" height=\"569\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/GBpDKt8XYAArFDx.jpeg 950w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/GBpDKt8XYAArFDx-300x180.jpeg 300w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/GBpDKt8XYAArFDx-768x460.jpeg 768w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/GBpDKt8XYAArFDx-150x90.jpeg 150w\" data-lazy-sizes=\"(max-width: 950px) 100vw, 950px\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/GBpDKt8XYAArFDx.jpeg\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-170261 size-full\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/GBpDKt8XYAArFDx.jpeg\" alt=\"Post by Sandeep Nailwal\" width=\"950\" height=\"569\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/GBpDKt8XYAArFDx.jpeg 950w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/GBpDKt8XYAArFDx-300x180.jpeg 300w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/GBpDKt8XYAArFDx-768x460.jpeg 768w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/GBpDKt8XYAArFDx-150x90.jpeg 150w\" sizes=\"auto, (max-width: 950px) 100vw, 950px\"\/><\/noscript><figcaption id=\"caption-attachment-170261\" class=\"wp-caption-text\">Post by Sandeep Nailwal on X<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">Inscriptions, akin to <a href=\"https:\/\/coingape.com\/web-stories\/bitcoin-sparks-ordinals-market-surge\/\">Ordinals<\/a> on Bitcoin, function knowledge embeds very like smart-contract-based ERC20 tokens and NFTs.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">In the submit, Nailwal made a pointed comment about rivals, notably Avalanche, highlighting that gasoline charges on Polygon remained beneath 10 cents. In distinction, he famous, the charges on different networks soared to $400. \u201cWe hit a peak of 18 million transactions in one day,\u201d he added.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The co-founder additionally likened the gasoline charge uptick throughout peak exercise to a horror story.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p><span data-preserver-spaces=\"true\">Data from the DUNE dashboard reveals Avalanche\u2019s substantial gasoline charges. The proportion of gasoline spent on inscriptions is <a rel=\"nofollow\" href=\"https:\/\/dune.com\/hildobby\/inscriptions\">highest<\/a> for Goerli at 91%, adopted by Avalanche at 68.5%, in the previous 24 hours.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<p><span data-preserver-spaces=\"true\">Transaction exercise on December 19 confirmed gasoline spent inscripting on Avalanche topped $150,000, whereas Polygon\u2019s charges have been a mere $29.<\/span><\/p>\n<figure id=\"attachment_170262\" aria-describedby=\"caption-attachment-170262\" style=\"width: 882px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-170262\" alt=\"Avalanche gas fees\" width=\"882\" height=\"442\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/Screenshot-2023-12-19-205239.png 882w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/Screenshot-2023-12-19-205239-300x150.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/Screenshot-2023-12-19-205239-768x385.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/Screenshot-2023-12-19-205239-150x75.png 150w\" data-lazy-sizes=\"(max-width: 882px) 100vw, 882px\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/Screenshot-2023-12-19-205239.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-170262\" src=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/Screenshot-2023-12-19-205239.png\" alt=\"Avalanche gas fees\" width=\"882\" height=\"442\" srcset=\"https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/Screenshot-2023-12-19-205239.png 882w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/Screenshot-2023-12-19-205239-300x150.png 300w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/Screenshot-2023-12-19-205239-768x385.png 768w, https:\/\/coingape.com\/wp-content\/uploads\/2023\/12\/Screenshot-2023-12-19-205239-150x75.png 150w\" sizes=\"auto, (max-width: 882px) 100vw, 882px\"\/><\/noscript><figcaption id=\"caption-attachment-170262\" class=\"wp-caption-text\">Avalanche gasoline charges. Source: DUNE\u00a0<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">A previous\u00a0<\/span><a rel=\"nofollow noopener\" class=\"editor-rtfLink\" href=\"https:\/\/twitter.com\/cryptofishx\/status\/1736527197161046441\" target=\"_blank\"><span data-preserver-spaces=\"true\">tweet<\/span><\/a><span data-preserver-spaces=\"true\"> from Trader Joe\u2019s co-founder Cryptofishx on X pointed to BEEG minting as the reason for the gasoline charge enhance. BEEG is a DeFi token on Avalanche. Cryptofishx\u2019s tweet learn, \u201cI was thinking we might take weeks to mint out but looks like we\u2019ll get there much sooner. The sooner the better so gas prices can get back to where they originally were.\u201d<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Impeccable timing <a href=\"https:\/\/t.co\/tolVPFeVKR\">pic.twitter.com\/tolVPFeVKR<\/a><\/p>\n<p>\u2014 Daeshawn.sol | \ud83d\udc68\ud83c\udffe\u200d\ud83d\udcbb\u2601\ufe0f\ud83c\udfae (@DaeshawnBallard) <a href=\"https:\/\/twitter.com\/DaeshawnBallard\/status\/1736567523586310593?ref_src=twsrc%5Etfw\">December 18, 2023<\/a><\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<p><span data-preserver-spaces=\"true\">Meanwhile, Avalanche\u2019s market pattern seems upbeat, in keeping with Token Terminal <\/span><a rel=\"nofollow noopener\" class=\"editor-rtfLink\" href=\"https:\/\/tokenterminal.com\/terminal\/projects\/avalanche\" target=\"_blank\"><span data-preserver-spaces=\"true\">data<\/span><\/a><span data-preserver-spaces=\"true\">. At the time of writing, its worth has exceeded $40, marking a big enhance throughout time frames. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">There\u2019s a surge in each day lively customers and income. However, this heightened exercise brings about community points, evident in rising charges and congestion. Therefore, it seems like scalability options will take the entrance seat with EVM chains going ahead.<\/span><\/p>\n<p><!-- WP QUADS Content Ad Plugin v. 2.0.72.1 --><\/p>\n<div class=\"m-on mobiless\">\n<div id=\"social-section-new\">\n<p>\u2713 Share:<\/p>\n<p>                                  <a class=\"social-text_new wp_new\" href=\"https:\/\/api.whatsapp.com\/send?text=https:\/\/coingape.com\/polygon-leads-in-inscriptions-as-co-founder-criticizes-avalanche-gas\/\" target=\"_blank\" style=\"display: block\" rel=\"noopener\">  <i class=\"fa fa-whatsapp\"\/><\/a><\/p>\n<div>\n                                <a class=\"social-text_new tw_new_logo\" href=\"https:\/\/twitter.com\/intent\/tweet?text=https:\/\/coingape.com\/polygon-leads-in-inscriptions-as-co-founder-criticizes-avalanche-gas\/\" target=\"_blank\" rel=\"noopener\"><br \/>\n  <img loading=\"lazy\" decoding=\"async\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\"\/><noscript><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2023\/08\/14164721\/x-logo.png\" class=\"mb-1\" alt=\"coingape\" width=\"30\" height=\"30\"\/><\/noscript><br \/>\n<\/a>\n                                <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p>          <!-- \n\n<div class=\"m-on pl-2 pr-2\">\n            \n\n<div class=\"row\">\n            \n\n<div class=\"col-6 pr-2\">\n         \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a href=\"https:\/\/coingape.com\/top-7-crypto-marketing-firms-of-the-year\/?utm_source=abovesidebartabnews&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" ><noscript><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/15175104\/top_crypto_marketing_agencies.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/noscript><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top Crypto Marketing Firms \/ Agencies 2023; Here&rsquo;s Best Picks [Updated]\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                  \n\n<div class=\"col-6 pl-2\">\n                 \n\n<div class=\"Borderboxies_2 mb-3  fullmobx\">\n             \n            <a href=\"https:\/\/coingape.com\/top-10-web-3-games-to-explore-in-2023-here-list\/?utm_source=priceanalysisbar&utm_medium=organicarticle\">\n            \n\n<div class=\"SponserdyWebimg_2\"><img loading=\"lazy\" width=\"834\" height=\"833\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" ><noscript><img loading=\"lazy\" width=\"834\" height=\"833\" src=\"https:\/\/cdn.coingape.com\/wp-content\/uploads\/2022\/12\/23134356\/jpg_20221223_134223_0000.jpg\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"\" decoding=\"async\" ><\/noscript><\/div>\n\n\n                \n\n<div class=\"Sponserdtent_2 mt-2\">Top 10 Web3 Games To Explore In 2023; Here List\n <\/div>\n\n\n            <\/a>\n          \n            <\/div>\n\n\n            <\/div>\n\n\n                <\/div>\n\n\n        <\/div>\n\n                    --><\/p>\n<div class=\"TabDicA\">\n<div class=\"TBAcon \">\n<div class=\"authorFlip tabcS\" id=\"TabA170260\">\n<div class=\"authorBox\">\n<div class=\"author_Name\">\n<!--\n                                      \n\n<div class=\"getAuthoname\">\n                                          \n                                                                                 \n                                       <\/div>\n\n \n--><\/p>\n<p>Shraddha&#8217;s skilled journey spans over 5 years, throughout which she labored as a monetary journalist, protecting enterprise, markets, and cryptocurrencies. As a reporter, she has positioned explicit emphasis to study in regards to the market interplay with rising applied sciences.                         <\/p>\n<\/p><\/div>\n<div class=\"author_Image\">\n                                             <img loading=\"lazy\" alt=\"\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/d900261633ba7c75c9138bb33015a313?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\" src=\"https:\/\/secure.gravatar.com\/avatar\/d900261633ba7c75c9138bb33015a313?s=200&amp;d=mm&amp;r=g\"\/><noscript><img loading=\"lazy\" alt=\"\" src=\"https:\/\/secure.gravatar.com\/avatar\/d900261633ba7c75c9138bb33015a313?s=200&amp;d=mm&amp;r=g\" srcset=\"https:\/\/secure.gravatar.com\/avatar\/d900261633ba7c75c9138bb33015a313?s=400&amp;d=mm&amp;r=g 2x\" class=\"avatar avatar-200 photo\" height=\"200\" width=\"200\" decoding=\"async\"\/><\/noscript>                                       <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"TabDesCm tabcS\" id=\"TabD170260\">\n<p>  The introduced content material might embody the non-public opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn&#8217;t maintain any duty in your private monetary loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n<p><!-- \n\n<div class=\"container p-1 mb-3  mt-4 \">\n    \n    \n     \n\n<div class=\"Maintitle clgrn border-0\">\n               <span>Crypto Stories<\/span>\n                    \n                    \n                    <a href=\"https:\/\/coingape.com\/web-stories\/\" class=\"viewAll p-0\">View all<\/a>\n                <\/div>\n\n\n     \n\n<div class=\"row mobileXS \">\n                     \n          \n\n<div class=\"item col-md-4\"> \n        \n\n<div class=\"Newseducation\">\n         \n\n<div class=\"Eduimg WduImg\">\n            <a href=\"https:\/\/coingape.com\/web-stories\/hut-8-to-operate-celsius-mining-site-in-texas\/?utm_source=post&utm_medium=web-story\" target=\"_blank\" rel=\"noopener\">\n            \n\n<div class=\"edIm StoryWebimg\"><img loading=\"lazy\" width=\"640\" height=\"853\" class=\"attachment-post-thumbnail 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href=\"https:\/\/coingape.com\/polygon-leads-in-inscriptions-as-co-founder-criticizes-avalanche-gas\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Polygon co-founder Sandeep Nailwal revealed in a current\u00a0post on X that the blockchain recorded over 161 million inscriptions. The inscription statistics shared by the co-founder place BNB in the second spot with 77 million inscriptions and Avalanche follows with 60 million. Nailwal shared, \u201cHighest number of inscriptions on @0xPolygon POS, 161m. More than 2X 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