CryptoRanks

Gas Snapshot: Optimism Cheapest, Polygon Most Expensive

Published: 2h ago

On-chain data reveals a stark contrast in current transaction fees across the tracked blockchain ecosystem. Optimism recorded the lowest cost at 0.001 gwei, whereas Polygon saw the highest fee at 282.5531 gwei during the latest measurement.

A comprehensive snapshot of current transaction costs across the major blockchain networks tracked by our team has been released. The data, measured directly on-chain, highlights significant variations in gas prices at a specific moment in time. This analysis focuses strictly on the native gas token costs for each network, providing a clear view of where users can transact most cheaply and where costs are currently elevated. The figures represent the actual gwei rates required to process transactions on these specific chains at the time of the measurement.

The Current Landscape

The most striking finding in this snapshot is the extreme disparity between the cheapest and most expensive networks. Optimism stands out as the most economical option for users right now, with a recorded cost of just 0.001 gwei. This rate represents a fraction of a cent in most fiat conversions, making it highly attractive for micro-transactions or high-frequency trading activities. In contrast, Polygon recorded the highest fee in the entire set of tracked chains at 282.5531 gwei. This figure is notably higher than the costs seen on Ethereum Layer 2 solutions like Arbitrum or Optimism, which typically offer lower fees than the base Ethereum layer.

Comparative Analysis of Fees

Other networks in the snapshot display a range of costs that sit between the two extremes. Ethereum mainnet recorded a fee of 0.5156 gwei, which is currently described as cheap relative to its 24-hour range, though the trend indicates a slight upward movement. Base network fees are even lower at 0.006 gwei, also showing a cheap status against its recent history with an upward trend. Arbitrum sits at 0.0204 gwei, maintaining a cheap position compared to its daily range. BNB Chain recorded a fee of 0.1 gwei, placing it in the lower-middle tier of this specific snapshot. These variations demonstrate how network congestion and demand fluctuate independently, even among chains that often compete for the same user base.

Implications for Users

This data serves as a critical reference point for users deciding where to deploy capital or execute trades. When Optimism is at 0.001 gwei, it offers a compelling value proposition for cost-sensitive applications. Conversely, the 282.5531 gwei fee on Polygon suggests a period of high demand or specific network conditions that have driven costs up significantly above the typical levels seen on other Layer 2 solutions. Users monitoring these metrics can adjust their strategies accordingly, potentially shifting activity to cheaper chains like Base or Optimism when Polygon fees spike. The snapshot was taken on June 5, 2026, at 18:05 UTC, capturing a precise moment in the evolving landscape of blockchain economics.

  • Optimism: 0.001 gwei (Cheapest)
  • Base: 0.006 gwei (Trend Up)
  • Arbitrum: 0.0204 gwei (Cheap vs 24h)
  • BNB Chain: 0.1 gwei
  • Ethereum: 0.5156 gwei (Trend Up)
  • Polygon: 282.5531 gwei (Most Expensive)

Understanding these real-time fluctuations is essential for anyone participating in the crypto economy. The data underscores that gas costs are not static but are dynamic variables influenced by network usage and underlying protocol mechanics. By tracking these specific numbers, stakeholders can make informed decisions about where to interact with the blockchain infrastructure at any given second.