How cheap are Ethereum network fees right now? Transferring funds only costs two cents.
That's right, mainnet gas has dropped to 0.1 Gwei, making a standard transfer cost just $0.02. This price is even lower than some Layer 2 networks and stands in stark contrast to the dozens or even hundreds of dollars in fees we saw before.
I remember during last year's bull market peak, just approving a single transaction could burn through $20 or $30. Now, this fee level is much more user-friendly for the average user. On-chain data shows that current network congestion is at a historical low, which explains why gas can drop to this level.
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GweiWatcher
· 11h ago
Damn, a $0.02 transfer? I would have gone bankrupt last year.
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GateUser-2fce706c
· 12-04 05:02
I've said it before, the bear market is the best opportunity to position yourself. It's not too late to realize this now.
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Gas fees dropping this low—what does that tell you? The high ground has shifted. Stop fixating on the mainnet, you need to look at the future of L2.
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When money was being burned last year, that was the time to be cautious. I told people the trend was about to reverse. Now things are cheap and no one dares to make a move.
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This is the real wealth secret. Cheap ≠ no opportunity; on the contrary, it's a signal for smart people to enter.
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Network congestion at a low? Heh, wait until the next wave of hype hits—then you'll see what a real reshuffle looks like.
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The key is, who is still messing around on the mainnet now? The real tracks have already moved elsewhere.
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Two-cent transfers—so what? The question is, how many people are positioning themselves at this time? Don't miss the opportunity, brother.
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token_therapist
· 12-03 08:52
Damn, is gas this low now? I almost forgot what it feels like to transfer without spending a fortune.
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ResearchChadButBroke
· 12-03 08:46
Damn, $0.02? It must be so dead, hardly anyone is interacting anymore, right?
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FreeRider
· 12-03 08:39
Two-cent transfer? Nice, I can finally operate with peace of mind.
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CexIsBad
· 12-03 08:36
$0.02 transfer? This is what a real mainnet should look like.
How cheap are Ethereum network fees right now? Transferring funds only costs two cents.
That's right, mainnet gas has dropped to 0.1 Gwei, making a standard transfer cost just $0.02. This price is even lower than some Layer 2 networks and stands in stark contrast to the dozens or even hundreds of dollars in fees we saw before.
I remember during last year's bull market peak, just approving a single transaction could burn through $20 or $30. Now, this fee level is much more user-friendly for the average user. On-chain data shows that current network congestion is at a historical low, which explains why gas can drop to this level.