⛓ Ethereum Fees Stay at 1 Cent Despite Record Network Activity
Despite a surge in network activity, Ethereum gas fees remain near historic lows — around 0.16 gwei (roughly $0.01 per transaction). Over 1.6 million transactions were processed in the past 24 hours — the highest since October.Analysts attribute this to recent Dencun and Pectra upgrades, which boosted throughput and eased mainnet congestion.As a result, fees on Ethereum and L2 networks have dropped by 50–95%, marking one of the most efficient periods in the network’s history.Crypto News Shark
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