2022---ethereum--transaction-fees--finally--plummeting---the-merge-has-nothing-to-do-with-it
The adoption of Flashbots helped move much of the "bidding" for transaction priority off-chain.
Optimised smart contracts (like ERC-721A) reduced the gas required for minting.
Networks like and Optimism gained massive adoption. The adoption of Flashbots helped move much of
Since the Merge didn't change the block size or the speed of block production significantly, it had no direct impact on gas prices. The Real Reasons Fees Plummeted
This prevented failed transactions and "bidding wars" from artificially inflating gas prices on the public mempool. Looking Ahead Since the Merge didn't change the block size
In 2022, Ethereum transaction fees (gas) experienced a significant and sustained drop, reaching their lowest levels in years. Contrary to popular belief, Why the Merge Didn't Lower Fees The Merge was a consensus change. It replaced miners with validators to secure the network.
Fees are determined by how many users are competing for limited block space. Contrary to popular belief, Why the Merge Didn't
Lower demand for decentralized exchanges (DEXs) and NFT minting meant less competition for block space.
