Post
Topic
Board Speculation (Altcoins)
Re: Is Ethereum Gas Fee a Burden for You?
by
TastyChillySauce00
on 04/09/2024, 01:49:25 UTC
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.

the fee going down so much the revenue becomes really low I wonder if it's still profitable to become a validator in ethereum blockchain since it requires staking as well which also means exposed risk of volatility.

ETH as a mainnet only make revenue around $400k



while layer 2 blockchains are making fee around $80k as a whole, from the data in token terminal.

don't know whether it's truly intentional or not by the dev to bring the revenue this low.