📉 Ethereum Gas Fees Drop to Five-Year Low!
- The average price per transaction on the Ethereum blockchain has dropped to 1.9 gwei.
- Low-priority transactions cost around 1 gwei, or 7 cents.
- Most activity has shifted to layer-2 networks such as Base and Artbitrum.
- This is worrying some experts, as it reduces staking revenue.
Source: DarrenSRS, Martin Köppelmann