Why L2 Networks Matter as Ethereum Fees Drop
Why L2 Networks Matter as Ethereum Fees Drop
Transaction fees on Ethereum mainnet have reached historically low levels, prompting a reassessment of the role of layer‑2 scaling networks.
Recent fee levels
Median transaction costs on Ethereum mainnet have fallen substantially; in current conditions transfer fees rarely exceed $0.07, according to network monitors.
Drivers of lower fees
Reduced on‑chain congestion, wider use of rollup‑style solutions, and changes in fee dynamics collectively contribute to the observed decline in typical gas expenses.
Implications for L1 and L2 usage
Even with lower mainnet fees, layer‑2 networks continue to provide advantages for high‑frequency activity by lowering per‑transaction costs and improving throughput.
How users decide
Choice between mainnet and layer‑2 typically depends on priorities: some users value direct settlement on Ethereum, while others prioritise cheaper, faster transactions on L2s.
Metrics to watch
Monitoring bridge flows, aggregate transaction counts and average gas consumption will indicate whether the current low‑fee environment is temporary or persistent.