Ethereum (ETH) has experienced a significant decrease in transaction fees, reaching their lowest levels since August 2020. This change brings about questions regarding its economic structure and sustainability.
The decline in fees indicates a potential shift in how users interact with the Ethereum network, particularly the growing preference for Layer 2 solutions, which are designed to be more cost-effective and efficient.
These dynamics could have far-reaching implications for the future development and adoption of the Ethereum network, impacting both current users and potential newcomers.
