@ronaldjosephf
After Ethereum's Dencun upgrade in March 2024, Layer 2 fees dropped significantly, with reductions up to 98% on networks like Starknet. Optimism, Base, and Arbitrum saw fees fall to $0.01-$0.05 from $1-$2, driven by EIP-4844's "blobs" reducing data costs, though long-term trends depend on demand.
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