Gas fees: Ethereum is now cheaper than Polygon

Sometimes the past week, gas fees have been as low as just 10 gwei per gas unit even for high-priority transactions.

As one gwei is one-billionth of an ETH, this means a transaction on Ethereum (ETH) mainchain can be as affordable as 50 cents in total. This is the first time in nearly two years when using the Ethereum network’s layer-1 chain costs users so little.