2022---ethereum--transaction-fees--finally--plummeting---the-merge-has-nothing-to-do-with-it -

Lower demand for decentralized exchanges (DEXs) and NFT minting meant less competition for block space.

The "plummeting" fees in 2022 were driven by a combination of market cooling and technical evolution: Lower demand for decentralized exchanges (DEXs) and NFT

This prevented failed transactions and "bidding wars" from artificially inflating gas prices on the public mempool. Looking Ahead Lower demand for decentralized exchanges (DEXs) and NFT