Ethereum Gas Fees Plummet: Reaching New All-Time Low

Ethereum’s gas fees have recently dropped to an all-time low of just $0.03, signaling a historic shift in the network’s affordability for users. This decrease is attributed to improved scalability solutions like Arbitrum, Optimism and Base that process transactions off-chain, reducing congestion and lowering costs. 🤯 This change has implications for both everyday users interacting with Ethereum and the competition it faces from Solana.