Ethereum gas fees tank to 5-year lows: What’s behind the drop?

Michael Nderitu

Ethereum mainnet gas fees drop amid low network demand.
We assess the role of Ethereum layer 2s in the declining gas fees and decongesting the mainnet.

Ethereum [ETH] has had quite the reput

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Ethereum gas fees tank to 5-year lows: What’s behind the drop?

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Ethereum gas fees tank to 5-year lows: What’s behind the drop?