2022---ethereum--transaction-fees--finally--plummeting---the-merge-has-nothing-to-do-with-it May 2026

The frenetic "gas wars" caused by high-profile NFT drops cooled down as the market matured.

The "plummeting" fees in 2022 were driven by a combination of market cooling and technical evolution: The frenetic "gas wars" caused by high-profile NFT

Optimised smart contracts (like ERC-721A) reduced the gas required for minting. The frenetic "gas wars" caused by high-profile NFT

These "rollups" process transactions off-chain and bundle them, significantly reducing the load on the Ethereum Mainnet. The frenetic "gas wars" caused by high-profile NFT