How Does a User Determine the Optimal Gas Price?
Users typically rely on gas estimator tools and wallet recommendations that analyze the current base fee and the priority fees of recently confirmed transactions. The optimal price is the lowest priority fee that is likely to get the transaction confirmed in the desired time frame, added to the current base fee.
Glossar
Current Base Fee
Fee ⎊ The base fee represents the non-negotiable, network-determined minimum cost component required to process any transaction, independent of the priority tip offered to validators.
Gas Estimator Tools
Algorithm ⎊ Gas estimator tools utilize sophisticated algorithms to predict future gas prices by analyzing historical transaction data and current network congestion levels.