Ethereum's daily transaction volume recently hit all time high and at the same time its gas fee is near all time low - 0.058 gwei at less than 1 cent.
This is the first time Ethereum actually behaves like financial infrastructure. With a high gas fee it was mostly used as a speculative platform and now it can serve the purpose as a reliable infrastructure more.
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Ethereum's daily transaction volume recently hit all time high and at the same time its gas fee is near all time low - 0.058 gwei at less than 1 cent.
This is the first time Ethereum actually behaves like financial infrastructure. With a high gas fee it was mostly used as a speculative platform and now it can serve the purpose as a reliable infrastructure more.