Gwei
Gwei is a denomination of ETH equal to 0.000000001 ETH (10-9 ETH). #Ethereum #ETH #VirtualEthereumIndex
Gwei is a denomination of ETH equal to 0.000000001 ETH (10-9 ETH). It is commonly used to quote gas prices because it creates human-readable numbers for fees–e.g., “25 gwei” rather than “0.000000025 ETH per gas.” When Ethereum becomes busy, gwei values can spike, increasing the cost of swaps, NFT mints, and contract interactions. Monitoring gwei helps users time transactions, choose between Ethereum L1 and L2 rollups, and adjust priority fees for faster inclusion. Many wallet interfaces expose fee settings in gwei, so understanding it is a practical skill for mainstream web3 usage. From an SEO and analytics lens, “Ethereum gas price gwei” is a top long-tail query that maps directly to user experience and cost comparison across chains. #Ethereum #VEI #VirtualEthereumIndex. Reference: vei.xyz/ethereum-glossary