CryptoRanks

Gas Snapshot: Optimism Cheapest, Polygon Most Expensive

Published: 2h ago

A recent on-chain snapshot captured significant divergence in transaction costs across the tracked blockchain ecosystem. Optimism emerged as the most affordable network, while Polygon recorded the highest fees in the current cycle.

A comprehensive snapshot of current transaction costs across the major blockchain networks tracked by our team was captured on 2026-06-06 at 09:34 UTC. The data highlights a dramatic disparity in gas prices, measured in the native gwei units of each respective chain. While some networks offer negligible costs for users, others present significantly higher barriers to entry for standard transactions. This analysis focuses strictly on the raw on-chain figures recorded at the moment of the snapshot.

The Current Landscape

The most striking finding from this data set is the extreme variance between the cheapest and most expensive networks. Optimism recorded the lowest gas cost of the entire group, sitting at just 0.001 gwei. This makes it the most economical option for users seeking to execute transactions with minimal expense. In stark contrast, Polygon displayed the highest cost among all tracked chains, reaching 280.2359 gwei. This figure represents a massive outlier compared to the sub-gwei costs seen on Layer 2 solutions and other major networks.

Performance Across Networks

Other networks in the snapshot showed varying degrees of activity and cost efficiency. Arbitrum recorded a gas price of 0.02 gwei, which is currently considered cheap relative to its 24-hour range. Base followed a similar trend, with a cost of 0.006 gwei and a downward trend observed over the last day. Ethereum mainnet settled at 0.1339 gwei, also showing a cheap status compared to its recent 24-hour range and a downward trend. BNB Chain maintained a stable cost of 0.1 gwei. These figures illustrate that while Ethereum and its derivatives remain relatively affordable, Polygon's current state is an anomaly in the broader market context.

Implications for Users

The data suggests that network selection is critical for cost-conscious users at this specific moment in time. The gap between Optimism and Polygon is not merely a matter of a few gwei but a difference of nearly three hundred units. For users executing high-frequency trades or micro-transactions, the choice of network directly impacts the total cost of operation. The downward trends observed on Ethereum and Base indicate potential relief for users on those specific chains, whereas Polygon's elevated costs suggest a temporary spike or high demand that has pushed fees well above historical averages. Users should monitor these metrics closely, as the snapshot taken at 09:34 UTC may not reflect conditions an hour later.

  • Optimism: 0.001 gwei (Cheapest)
  • Polygon: 280.2359 gwei (Most Expensive)
  • Ethereum: 0.1339 gwei (Cheap vs 24h range)
  • Base: 0.006 gwei (Cheap vs 24h range)

This snapshot serves as a factual record of the current state of the ecosystem. It underscores the importance of real-time data when deciding where to deploy capital or execute transactions. The divergence in costs is a direct reflection of network congestion and demand dynamics at this precise moment.