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The gas fee (transaction cost) on the Ethereum blockchain has fallen below 1 gwei (about $0.06). According to experts, the main reason for the decrease in gas fees in the Ethereum blockchain may be the increased use of second-tier networks, including Arbitrum, Optimism and Polygon, as well as the growing popularity of first-tier blockchains Solana, BNB Chain, Tron, Avalanche and Cardano. Analysts said that most of the activity has already moved to second-tier networks.
According to their data, Uniswap, one of the largest gas-consuming protocols on the Ethereum network, is also switching to Unichain.
I don't think this can cause a serious blow to the ethereum exchange rate. By the way, I also noticed that the gas has dropped very sensitively in recent days.
I think this is good for the participants of the crypto market.
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