ETH Transaction Fees Drops to Lowest Since October 2023

Ethereum’s historically high transaction fees have been a persistent issue, prompting the development of Layer 2 chains and scaling solutions to provide lower-cost alternatives for users. However, recent data from blockchain analysis platform Santiment shows a significant improvement, with Ethereum’s average fee level dropping to $1.12 per network transaction, one of the lowest levels seen... source: https://coinedition.com/eth-transaction-fees-drops-to-lowest-since-october-2023/