Ethereum Gas Prices Drop to Unseen Levels Since 2020 Amid Layer-2 Upgrades

Ethereum’s average gas price dropped to just below 3 gwei on Saturday, a level unseen since 2020. This significant reduction may indicate that Ethereum Layer-2 networks can help in mitigating transaction costs. “Ethereum’s declining gas fees could signify a broader trend in the network’s activity,” noted a prominent analyst. Discover how Ethereum’s dropping gas prices

Source: CoinOtag