Ethereum NEws: Ethereum Fees Hit 5-Year Low as Network Activity Slumps — Will the Pectra Upgrade Spark a Rebound?

Ethereum (ETH) transaction fees have plunged to their lowest level since 2020, dropping to just $0. 168 per transaction, according to onchain data from analytics firm Santiment. The steep decline in network fees reflects a broader drop in user activity amid market uncertainty and reduced smart contract interactions. Ethereum Gas Fees at Lowest Since 2020Santiment’s latest report shows that Ethereum network fees have hit a 5-year low, signaling a lull in user engagement source: https://www.binance.com/en/square/post/23035077554057?utm_source=BinanceNewsRSS