Ethereum’s Network Efficiency Improves Despite Market Decline And ETH Movements 

As Ethereum’s price surpassed the $4,000 mark once again, investors noticed a significant improvement in network efficiency compared to previous milestones in 2021. 

Despite the higher market valuation, transaction fees have plummeted to an average of $9.35, a stark contrast to the $62.85 observed during the last peak in November 2021. This reduction in gas fees can be attributed in part to the advancements made through the Ethereum 2.0 transition.