GasNow

Ethereum Gas Price on October 16, 2026

Friday · Final daily report · Source: GasNow recordings every five minutes

On October 16, 2026, the standard Ethereum gas price averaged 0.100 gwei, ranging from 0.056 to 0.545 gwei across 288 readings. That is -53% versus October 15, 2026. The cheapest hour was 08:00–08:59 UTC (0.062 gwei) and the most expensive was 17:00–17:59 UTC (0.269 gwei).

Average
0.100 gwei
Low
0.056 gwei
High
0.545 gwei
ETH price (avg)
$2,439

Timing mattered: a USDT transfer (≈63,000 gas) cost about $0.0095 in the cheapest hour and $0.041 in the most expensive one, a 4.3× difference for the same transaction. The day's average was below the surrounding gas level of 0.143 gwei (average of the 7 days up to this one).

Transaction costs on October 16, 2026

What common transactions cost at the day's lowest, average and highest gas price, using the day's average ETH price.

ActionAt lowAt averageAt high
Send ETH$0.0029$0.0051$0.028
Send USDT (ERC-20)$0.0086$0.015$0.084
Swap on Uniswap$0.020$0.037$0.199
Mint an NFT$0.016$0.029$0.160
Bridge ETH to a layer-2$0.015$0.027$0.146

Hour by hour (UTC)

HourAvg gweiRelative
00:00–00:59 UTC0.065
01:00–01:59 UTC0.064
02:00–02:59 UTC0.068
03:00–03:59 UTC0.069
04:00–04:59 UTC0.063
05:00–05:59 UTC0.065
06:00–06:59 UTC0.062
07:00–07:59 UTC0.064
08:00–08:59 UTC cheapest0.062
09:00–09:59 UTC0.063
10:00–10:59 UTC0.067
11:00–11:59 UTC0.103
12:00–12:59 UTC0.110
13:00–13:59 UTC0.137
14:00–14:59 UTC0.169
15:00–15:59 UTC0.246
16:00–16:59 UTC0.134
17:00–17:59 UTC priciest0.269
18:00–18:59 UTC0.120
19:00–19:59 UTC0.112
20:00–20:59 UTC0.082
21:00–21:59 UTC0.080
22:00–22:59 UTC0.063
23:00–23:59 UTC0.066

← October 15, 2026 · October 17, 2026 →

See all days in the Ethereum gas history, today's live rate on the Ethereum gas tracker, or the cheapest hours to transact.