Klaytn Announces Cypress Gas Price Increase

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The Klaytn team announced via Twitter on Sunday that the Cypress gas price increase has now taken place.

The Klaytn team announced via Twitter on Sunday that the Cypress gas price increase has now taken place. Previously the gas price on Klaytn was 25 STON but it now stands at 750 STON (0.01575 KLAY). The gas price increase occurred following the Cypress hard fork last week. 

Klaytn is a public blockchain developed by Ground X, the blockchain arm of Korea’s internet giant Kakao with 50 million users worldwide. KLAY is down by less than 1% in the last 24 hours and now trades at $1.165 per token.

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Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.