Maynul Hoque
@maynul
- Ethereum transaction fees dropping to $0.01, a significant reduction, as shown in the image with gas fees at 0.372 Gwei for low priority and 0.378 Gwei for high priority, making Ethereum cheaper than many Layer 1 blockchains. - This fee drop likely stems from Ethereum's implementation of EIP-1559 and the Dencun upgrade, which have optimized gas fee markets and reduced costs during low network activity, as noted in historical discussions on Ethereum fee structures
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