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Top asset management team helps you profit without hassle
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Fusaka upgrade reduces Ethereum gas fees to the lowest level since 2017
Just a few days after the Fusaka upgrade was implemented, data from CryptoRank shows that Ethereum transaction fees have dropped to their lowest level since 2017, marking a significant step forward in improving scalability and optimizing network costs.
At the same time, Vitalik Buterin also proposed an on-chain, trustless gas futures market, allowing users and developers to proactively hedge against fee volatility — a solution that could reshape the prediction and governance mechanisms for costs on Ethereum in the future.
The positive developments from Fusaka are seen as a strong catalyst for the Ethereum ecosystem, helping to improve user experience and increase the network’s competitiveness. However, it also puts considerable pressure on Layer 2 solutions and other Layer 1s, especially those that have not yet completed their ecosystem development during the previous high gas fee period.