2025-12-05 23:20:44

Ethereum just completed the Fusaka upgrade, bringing transaction costs down to $0.01.

It's kind of ironic—back in the day, everyone complained that ETH was expensive and slow, so OP, ARB, ZK, STRK, METIS and other L2s started popping up one after another. Now that the mainnet fees have actually dropped, the network is eerily quiet.

It's like spending a fortune to widen a highway and cutting tolls in half, only to find there are barely any cars on the road. The users who were going to leave already left, and the remaining ecosystem has scattered across various Layer2s, making the mainnet the "least congested lane" of them all.

Technology has advanced, but the market just isn't what it used to be.

ETH2.82%

OP-0.69%

ZK-0.42%

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OnchainDetective

· 12-05 23:47

The fees have dropped and so has the activity, kind of ironic. The mainnet has long been diverted to L2, lowering fees can't bring it back. What's the point of $0.01? Users have already gone to OP. This is what it means to be late to the party, no matter how cheap it is, no one uses it. It's really interesting, they won the fee war but no one wants it anymore.

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WalletWhisperer

· 12-05 23:46

the infrastructure always wins too late. fees crater but the behavioral patterns already calcified—wallets learned their escape routes months ago. that's the thing nobody talks about: transaction velocity doesn't just reverse on a dime, it *remembers*. eth mainnet's gonna be the prettiest ghost town, congrats on that upgrade.

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ChainSpy

· 12-05 23:43

Haha, this is awkward—the fees went down but the activity disappeared. --- Everyone already moved to L2 a long time ago, lowering fees can't really bring them back now. --- A classic case: the road is fixed but no one's walking on it. That's the current state of ETH. --- That's right, the technology is good but the ecosystem has already split. --- They cut fees in half only to find out all the users went to Arb and Op. Hilarious. --- That's what you call drawing water with a bamboo basket. The mainnet has suffered huge losses these past few years.

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TopBuyerBottomSeller

· 12-05 23:41

The fees have dropped but the ecosystem is gone—that’s the real heartbreak. --- $0.01? People already moved to L2 long ago, can they even come back? --- Classic case of technology outpacing the market. By the way, is this even Ethereum anymore? --- The highway got wider, but everyone ran off to the county roads, haha. --- Feels a bit like self-rescue and a bit like suicide—the mainnet is nothing now. --- Great, now it’s so cheap that nobody’s using it. --- Why didn’t they think about this back when they were competing with L2s?

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ser_we_are_ngmi

· 12-05 23:29

The fees are lower, but the ecosystem is already gone. That's awkward.

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