Ethereum Fees Are Falling. What Does That Say About Network Activity?
Ethereum transaction fees have fallen sharply, and while lower costs are great for users, they also raise an important question: what's driving the decline?
Part of the answer is improved scalability. Layer 2 networks now handle a growing share of transactions, helping reduce congestion on Ethereum's mainnet. Network upgrades have also made transactions more efficient, allowing users to pay less without sacrificing security....