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.
For ethereum this could be a result of a function that most of the project are solely launching on their side chains due it previous gas hike, and of course the gas should be low because of its less activities, unlike the bnb chain, polygon and others whose fee were far much cheaper and easier to use.