The number of transactions on the Ethereum layer 2 aggregator Polygon has dropped significantly since the team decided to increase the cost of gas. According to the Polygonscan blockchain tracker, daily transactions have fallen from over 6 million earlier this month to around 3.2 million as of Oct 11.

Chinese media outlet Wu Blockchain attributed the slump to a recent hike in gas prices on the layer 2 ecosystem,

“After Polygon increased the Gas Price from 1 Gwei to 30 Gwei, the average daily transaction volume on the Internet has nearly halved recently,”

Source Polygon Transactions Drop by Half Following Gas Fee Hike (

By block head

Block Head is a blockchain journalist.