CryptoRanks

Gas Snapshot: Optimism Cheapest, Polygon Most Expensive

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A recent on-chain snapshot of transaction costs highlights a significant divergence in gas fees across tracked blockchain networks. While Optimism recorded the lowest fee at 0.001 gwei, Polygon stood out as the most expensive network at 277.4451 gwei.

A comprehensive snapshot of transaction costs across major blockchain networks was recorded on June 6, 2026, at 07:04 UTC. This data provides a clear view of the native gas prices measured in gwei for each chain. The figures reveal a dramatic disparity in the cost of executing transactions, ranging from fractions of a gwei to hundreds of gwei depending on the specific network selected by users.

The Current Landscape

The data indicates that Optimism currently offers the most affordable environment for transactions, with a recorded cost of just 0.001 gwei. This represents the lowest fee among all tracked networks. In contrast, Polygon presents a starkly different picture, recording a fee of 277.4451 gwei, which marks it as the most expensive chain in this specific snapshot. Other networks fall in between these extremes, with Ethereum at 0.1433 gwei and Arbitrum at 0.02 gwei.

Network Specifics and Trends

Several networks are currently trading at prices lower than their 24-hour ranges. Ethereum is noted at 0.1433 gwei and is trending downward, suggesting a cooling demand or increased block capacity. Similarly, Arbitrum sits at 0.02 gwei, also appearing cheap relative to its recent history. Base is recorded at 0.006 gwei and is also showing a downward trend. BNB Chain maintains a fee of 0.1 gwei. These variations highlight how network congestion and validator activity fluctuate rapidly, affecting the cost of using these platforms.

Implications for Users

The extreme difference between Optimism and Polygon in this snapshot suggests a unique anomaly or specific network condition affecting Polygon's fee structure at this moment. Users seeking the lowest possible cost for simple transfers or smart contract interactions would find Optimism the most viable option based on these metrics. Conversely, the high cost on Polygon indicates that users should exercise caution or wait for fees to normalize before conducting significant transactions on that specific network. The trend data for Ethereum and Base further suggests that the broader market may be shifting toward lower fees, potentially making these chains more attractive for high-frequency trading or micro-transactions.

  • Optimism: 0.001 gwei (Cheapest)
  • Polygon: 277.4451 gwei (Most Expensive)
  • Ethereum: 0.1433 gwei (Trending Down)
  • Base: 0.006 gwei (Trending Down)

As of the snapshot time, the market conditions continue to evolve, and these figures serve as a real-time reference for developers and traders monitoring on-chain efficiency.