2022---ethereum--transaction-fees--finally--plummeting---the-merge-has-nothing-to-do-with-it Instant

Lower demand for decentralized exchanges (DEXs) and NFT minting meant less competition for block space.

The "plummeting" fees in 2022 were driven by a combination of market cooling and technical evolution: Lower demand for decentralized exchanges (DEXs) and NFT

The frenetic "gas wars" caused by high-profile NFT drops cooled down as the market matured. Lower demand for decentralized exchanges (DEXs) and NFT

These "rollups" process transactions off-chain and bundle them, significantly reducing the load on the Ethereum Mainnet. Lower demand for decentralized exchanges (DEXs) and NFT