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Meme coins are heavily consuming gas, playing a major role in pushing transaction fees higher.

Explosion of meme coins causing rising gas fees and blockchain congestion

Key Takeaways:

  • Meme coins like PEPE, Fartcoin, and others drive gas usage.

  • Network activity spikes amid trading waves.

  • Meme coin speculation affects transaction fees significantly.

Meme coins have emerged as the leading contributors to gas usage across major blockchains like Ethereum and Solana as of June 2025. Despite facing issues such as account restrictions, these tokens continue to dominate trading volumes and network expenses.

Their influence underscores the volatility of user transaction costs and reflects the ongoing appetite for speculative assets, leaving a notable impact on both Ethereum and Solana ecosystems.

Well-known meme coins such as Dogecoin and Shiba Inu remain key players in gas consumption. Coins like PEPE and Fartcoin show high trading frequency, which contributes to rising gas prices and affects overall transaction dynamics.

The space remains active thanks to anonymous developer groups that energize community involvement. As Arthur Hayes, former BitMEX CEO, noted,
Meme coins are the newest heavy gas spenders—whether loved or criticized, they push on-chain activity higher with every wave. Their presence can’t be ignored.

In the absence of formal announcements, ongoing community chatter continues to spark speculation and trading momentum.

Rising Ethereum gas fees highlight the cost burden on users as meme coin activity intensifies. On the other hand, Solana’s comparatively cheaper transactions attract newer meme projects, putting its infrastructure to the test as adoption climbs.

These price hikes in gas fees are becoming a challenge for solo traders across both Ethereum and Solana. On a broader level, meme coin transactions are driving up network fees, influencing the wider crypto economy.

Historically, meme coin booms have triggered temporary spikes in network load and transaction fees—mirroring patterns seen in 2021 and 2023. Moving forward, these trends may accelerate discussions around fee optimization, as seen on platforms like GitHub.

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