Ethereum Fees Drop to 7-Year Low
A brief update on Ethereum’s lowest network fee levels since 2017 and what it may signal for network usage and trends.
Ethereum is experiencing its lowest network fees in years. According to data from Glassnode, the total daily fees paid on Ethereum, measured using a 90-day moving average, have dropped below 300 ETH per day. The last time fees were this low was in July 2017.
Lower fees usually mean reduced network activity or shifting transaction volume to other scaling solutions such as Layer 2 networks. It may also reflect market uncertainty as users wait for clearer price direction.
For long-term observers, this trend is a reminder that Ethereum’s ecosystem is evolving. Activity often moves between the main chain and scaling layers depending on cost, demand, and application usage.
A useful approach is to watch whether user activity increases on Layer 2s or returns to Ethereum mainnet as the market cycle develops.
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Ethereum network fees hit a multi-year low
Disclaimer: Not Financial Advice
