What's going with gas fees? After the London fork, the gas fees only went up. They raised gas limit, and the blocks are half empty, even 5% - 15% filled, but gas fees are through the roof! It's not about limited capacity right now, yet it's very expensive. What is reason for that?
And what is minimum gasused multiplier?
The recent upgrade is just one of the steps to optimize costs and move ETH to POS in the future. The transaction fee auction mechanism is still the main mode of operation of the Ethereum network.
The reason for this blockchain's recent increase in transaction fees is due to the strong activity of the NFT exchange and DEFI projects on Ethereum.