The costs paid by L2 to Ethereum are decreasing rapidly, and it's not a coincidence.

Between May 16–22, the total rent paid to Ethereum was under $50,000.

Although similar lows have occurred before, the trend is clear: heading towards zero.

This is not about scaling up first and costs rising later. That cost model is no longer valid.

Ethereum has become infrastructure, and infrastructure, by nature, becomes cheaper to use over time, not more expensive.

Expecting costs to 'recover' is something that is misguided.$ETH