2022---ethereum--transaction-fees--finally--plummeting---the-merge-has-nothing-to-do-with-it [ EASY - 2027 ]

Lower demand for decentralized exchanges (DEXs) and NFT minting meant less competition for block space.

Networks like and Optimism gained massive adoption. Lower demand for decentralized exchanges (DEXs) and NFT

In 2022, Ethereum transaction fees (gas) experienced a significant and sustained drop, reaching their lowest levels in years. Contrary to popular belief, Why the Merge Didn't Lower Fees The Merge was a consensus change. It replaced miners with validators to secure the network. Lower demand for decentralized exchanges (DEXs) and NFT

The "plummeting" fees in 2022 were driven by a combination of market cooling and technical evolution: Lower demand for decentralized exchanges (DEXs) and NFT

Optimised smart contracts (like ERC-721A) reduced the gas required for minting.