Ethereum Breaks Through 1.6 Million Daily Transactions, Fueling Low Fees

Ethereum has reached a significant milestone, processing over 1.6 million transactions per day. This remarkable increase coincides with extremely low gas fees, hovering around $0.01, a level not seen in years. Experts believe these improvements are a direct result of recent upgrades like The Merge and the implementation of Layer 2 scaling solutions like Arbitrum, Optimism, and Base. These advancements have unlocked true scalability, paving the way for a more efficient Ethereum network.