Ethereum Gas at 0.3 Gwei — and Liquidity Is Leaving Fast

Ethereum’s gas just hit a worrying low of 0.325 gwei, and it’s not just a quiet network — it’s a signal.

DeFiLlama stablecoin flow (7D):

- Ethereum: -0.37% (≈ -$449M)

- Solana: +1.63% (≈ +$205M)

- BNB Chain: +0.58% (≈ +$41M)

Wormhole also shows → ~$45.6M bridged from Ethereum to Solana in the same 7-day window.

Capital is clearly rotating out of ETH, with Solana catching the biggest bid.

Low fees = low usage = low conviction. Something’s shifting.