Ethereum’s Average Gas Fees Drop Below 1 Gwei For the First Time in Years

Ethereum gas fees have plummeted to their lowest level in several years, driven by increasing transactions on the network’s layer-2 networks. This significant drop has made on-chain transactions much cheaper for users and prompted discussions about their long-term effect on the network. Ethereum’s Gas Fee Reduction Leads to Supply Increase According to Etherscan data, the... source: https://beincrypto.com/ethereums-low-fees-raise-concerns-about-network-inflation/