🪙 Commissions on the Ethereum network have fallen to their lowest levels since January 2020.
For example, transferring USDT or another ERC20 token will cost users only ~$1, exchange to Uniswap will cost up to $3.
The reduction in fees began to occur after the Dencun hard fork, one of the main components of which was the EIP-4844 update - it implemented the Proto-Danksharding option, designed for scaling by creating a new type of transaction for large arrays of binary data (BLOB).