Ethereum Mainnet Gas Fees Drop to $0.02, Hitting a Historic Low!

Unbelievable~! Ethereum mainnet Gas fees have dropped to as low as $0.02, even lower than some L2s... The 'fee reduction' you all wanted on Ethereum mainnet has been achieved ahead of schedule Has the market cooled down this much~? Since the 2020 DeFi Summer, there probably hasn’t been a time when Gas fees were this low. Ethereum mainnet Gas is now as low as 0.1 Gwei. A single transaction on Ethereum mainnet now costs just $0.02 in Gas fees. The difference compared to the previous fees of tens or even hundreds of dollars per transaction is huge. Here are the transaction fees for some major L2s: ARB $0.004, OP $0.006, BASE $0.03. Yep, BASE as an L2 even has higher Gas fees than the mainnet --------------------------------------------------------- ｜Bitget VIP, lower fees, bigger perks