Recent news indicates that Ethereum gas fees have plummeted to historic lows. According to Etherscan, the average mainnet gas fee has fallen to 4 Gwei, about $0.21, with some transactions costing as little as 3 Gwei, around $0.14. Additionally, Layer 2 solutions such as Optimism, Base, Arbitrum, and Linea are seeing transaction fees below $0.01.
That's true, but it's only happening for Ethereum transactions only. ERC20 transaction fees are still high, despite a big drop in Ethereum gas fees.
As my picture above shows, the fees for swap, Lping, bridging, or borrowing are still quite high.
I hope that ERC20 transaction fees can be lowered in the future. This could happen by implementing a new update to increase Ethereum's scalability.
ERC20 transaction fees are burdening me when i use the Ethereum native blockchain. I think it's not only me, but all Ethereum users are also feeling the same.