According to Zhixiong Pan, founder of Chainfeeds, the Gas fees on Ethereum have just recorded a historic low since the mainnet launch. Currently, the network continues to set new records, with some moments where Gas fees drop below 0.03 Gwei — an unusually low figure.
According to Odaily, this decline is related to Ethereum’s expected continued block size expansion in the upcoming phase. As processing capacity increases, network pressure will be eased, which will directly contribute to further reductions in Gas fees.
This event reflects advancements in Ethereum’s scalability optimization, helping to improve transaction efficiency and reduce costs for users.
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Ethereum Gas fees have recently dropped to the lowest level, hitting a new low since the mainnet launch.
According to Zhixiong Pan, founder of Chainfeeds, the Gas fees on Ethereum have just recorded a historic low since the mainnet launch. Currently, the network continues to set new records, with some moments where Gas fees drop below 0.03 Gwei — an unusually low figure.
According to Odaily, this decline is related to Ethereum’s expected continued block size expansion in the upcoming phase. As processing capacity increases, network pressure will be eased, which will directly contribute to further reductions in Gas fees.
This event reflects advancements in Ethereum’s scalability optimization, helping to improve transaction efficiency and reduce costs for users.