The network developed by Vitalik Buterin, comes from a season in which it came to average commissions over USD 65. Now, after two years, Ethereum returns to operate with commissions below USD 0.50.
The reason for this, which benefits Ethereum users, is the low activity the network is seeing. So it is the best time for P2E (play-to-earn) games like Axie Infinity, decentralized finance (DeFi) platforms like Yearn Finance, non-fungible tokens (NFT) and online stores like Exeno.
Ethereum has, at the moment, its lowest fees since 2020. The average cost for transactions between wallets is around USD 0.20 while for interaction with smart contracts you pay around USD 1.00.
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