Ethereum's mainnet gas fee has dropped to as low as $0.02, even lower than L2... The Ethereum mainnet "fee reduction" you've all been waiting for has been achieved ahead of schedule! 😂
Has the market cooled down this much? Since the DeFi Summer of 2020, gas fees haven't been this low.
Ethereum mainnet gas has dropped to as low as 0.1 Gwei. A transaction on the Ethereum mainnet now only costs $0.02 in gas. This is a stark contrast to the previous fees of tens or even hundreds of dollars per transaction.
Transaction fees for several major L2 cryptocurrencies: ARB $0.004, OP $0.006, BASE $0.03. Well, BASE, as an L2, even has a higher gas fee than the mainnet! 😂
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