Ethereum Transaction Fees Drop 87% as Network Capacity Expands

TLDR: Ethereum transaction fees dropped from $0.72 to $0.095 per transfer since April’s price peak. Fusaka’s higher blob throughput and a 60 million gas limit expanded Ethereum’s total capacity. Layer 2 networks now absorb execution that once competed for Ethereum’s mainnet blockspace. ETH trades near $2,441, with key support at $2,365–$2,380 and resistance near $2,520–$2,530. [...]

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