Quote from: TastyChillySauce00 on Today at 01:49:25 AM

Quote from: shanhaigamefi on July 30, 2024, 08:52:49 AM

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.

Interesting. Never thought about it, thanks for bringing the info! I think it's still worth it, though Grin

If you have your portfolio ready.