Ethereum gas fees fall to lowest level since 2017; Here’s why

Ethereum (ETH) transaction fees have dropped to their lowest point in eight years, falling to levels last seen in 2017 only days after the Fusaka upgrade went live. Data from CryptoRank shows that daily gas costs have collapsed toward the lower boundary of the historical range, marking one of the sharpest fee declines since Ethereum’s early phase of network growth. ETH transaction fees fall to their lowest level since 2017. Source: CryptoRank The Fusaka upgrade appears to be delivering its intended effect by improving execution efficiency and reducing congestion at the protocol level source: https://finbold.com/ethereum-gas-fees-fall-to-lowest-level-since-2017-heres-why/