🚨 $ETH Gas Fees Drop to Just $0.17 - Lowest Since 2020
Ethereum just hit a milestone no one expected this week - gas fees dropped to $0.17, the cheapest we’ve seen since 2020. With fewer users transferring $ETH or interacting with smart contracts lately, the network is unusually quiet following all the recent market turbulence.
But that might change fast. On May 7, Ethereum rolls out the Pectra upgrade, and it’s packed with improvements:
- Doubling layer-2 capacity
- Cutting down congestion
- Enabling stablecoin payments
- Raising the staking cap to 2,048 ETH
If demand picks up after this, we could see ETH bounce back — and possibly stronger than before.
