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.
Seasonal mate, specially when there is a pumping market then expect that too much high for Ethereum network and that is what I hate when happen.
Are we expecting anytime soon for another gas hype?
Maybe I will be ready when it comes along the way .
The rally for BTC in full force isn't there yet, so only time will tell, you are totally right, in my opinion, too.