2022---ethereum--transaction-fees--finally--plummeting---the-merge-has-nothing-to-do-with-it
In 2022, Ethereum transaction fees (gas) experienced a significant and sustained drop, reaching their lowest levels in years. Contrary to popular belief, Why the Merge Didn't Lower Fees The Merge was a consensus change. It replaced miners with validators to secure the network.
Lower demand for decentralized exchanges (DEXs) and NFT minting meant less competition for block space. In 2022, Ethereum transaction fees (gas) experienced a
The frenetic "gas wars" caused by high-profile NFT drops cooled down as the market matured. In 2022, Ethereum transaction fees (gas) experienced a
Optimised smart contracts (like ERC-721A) reduced the gas required for minting. In 2022, Ethereum transaction fees (gas) experienced a
Networks like and Optimism gained massive adoption.
It did not significantly expand the network's capacity to handle more transactions per second.