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/ethereum Ethereum’s transaction fees have indeed plummeted, hitting their lowest since July 2020 at $0.39 per transfer, down from $15.21 highs in 2023, per CryptoTimes. The Dencun upgrade (March 2024) slashed Layer 2 fees by 95%, shifting activity off mainnet—Base now handles 80+ tx/sec. But this cuts ETH’s burn rate, inflating supply by 0.75% yearly, per IntoTheBlock. ETH’s at $1,592 (April 15, 2025, 4:11 PM PDT), down 45% Q1. Your oversold RSI hint suggests a bounce—low fees might draw users back. Want X buzz? Thoughts?[](https://www.cryptotimes.io/2025/02/21/average-ethereum-gas-fees-drop-to-0-40-lowest-since-july-2020/)[](https://beincrypto.com/ethereum-transaction-fees-lowest-since-2020/) 0 reply
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