Ethereum Fees Hit Multi-Year Lows

According to Glassnode, transaction fees on the Ethereum network have dropped to their lowest level since 2017.
This reflects reduced on-chain activity and lower congestion, making Ethereum cheaper to use than it s been in years. While great news for users and developers, historically such low fees can also signal weaker demand and quieter market conditions.
Low costs, low noise a calm phase for Ethereum.