Ethereum's Gas Fees Plummet to 2020 Levels This Summer đ
The cost of transactions on the #Ethereum network has dipped to its lowest since early 2020, mirroring the gas prices from before the #DeFi boom. This significant drop could be đ for users but raises questions:
Is it because $ETH is becoming more efficient with scaling solutions like L2s, or does it reflect less activity on the network? đ€
Lower fees are definitely a plus, but might they hint at a cooling in the Defi or #NFT sectors?
