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Layer 2 estimated fees after call data cost reduction

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Simple ETH transfers:

Polygon Hermez: $0.05 Loopring: $0.05 ZKSync: $0.06 Optimism: $0.39 Arbitrum One: $0.49 

Token transfers:

Polygon Hermez: $0.05 Loopring: $0.05 ZKSync: $0.06 Optimism: $0.44 Arbitrum One: $0.54 

Token swaps:

Loopring: $0.20 Optimism: $0.55 Arbitrum One: $0.84 

These estimations are considering Vitalik's guess of a ~5x fee reduction for Layer 2s. Also, remember that Optimism and Arbitrum One are currently in beta and artificially throttled, meaning their fees will go down even further as they mature. Additionally, Arbitrum is releasing the Nitro upgrade soon, for which we can, in their own words "expect a sizable decrease in costs" and 20-50x faster execution.

Combine all this with the Loopring hype that's currently going on and their possible partnership with GameStop, as well as major exchanges introducing Layer 2 deposits and withdrawals, and on top of that people speculating on generous air drops from projects in these platforms.

I expect to see a massive movement towards Layer 2s and it's gonna happen fast.

submitted by /u/Old-Landscape2
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