Ethereum's Gas fees recently dropped below $0.01, while on-chain activity hit a record high. This contrast is quite interesting—remember during the 2023 PEPE craze when a single Gas fee soared to $50? On the same chain, more people are using it, and the costs are actually decreasing. What's the logic behind this?

It doesn't seem like network decline; rather, it looks like efficiency has achieved a qualitative leap. More users, cheaper fees, higher activity—all happening simultaneously, indicating that Ethereum's scaling solutions are indeed taking effect. In this market shift, those who can grasp these details will be able to see the next direction clearly.