Ethereum Gas Fees Reach New Lows! What Does the Future Hold for Ethereum?

Ethereum is a permissionless, decentralized blockchain that gives users access to smart contracts. Users on the Ethereum network are paid fees to execute any transaction, such as buying, selling, exchanging, minting, and so on. Previously, Ethereum had a ludicrous track record of charging exorbitant gas prices for its transactions. ETH coin prices have historically risen when the average transaction value falls below $5. Nonetheless, traders must use caution while trading and interacting with cryptocurrency because the market is currently disadvantaged.