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The major Ethereum blockchain network upgrade is set to take place in a few hours (at the time of writing). The update should be activated at block height 12,965,000 on Thursday (August 5, 2021).
Since the London upgrade was triggered on Aug. 5, the gas fees have also shown a spike. The gas prices have risen 44% from the pre-upgrade levels of 45.77 Gwei on Aug. 4 to a 45 day high of 65.22 ...