According to recent metrics, Ethereum's onchain fees continue to stay impressively low. Over the weekend, the average transaction cost was just 0.00029 ETH or $0.743.
Etherscan reports that even high-priority fees are under 1 gwei, sitting around 0.972 gwei as of press time.
Additionally, data from ultrasound.money reveals that Ethereum's issuance rate is currently inflationary.