[Ethereum Mainnet Gas Fees Have Dropped to $0.02, Even Lower Than Some L2 Networks] According to on-chain analyst Yu Jin's monitoring, Ethereum mainnet Gas fees have dropped to as low as 0.1 Gwei. A transaction on the Ethereum mainnet now requires only $0.02 in Gas fees. This is a stark contrast to the previous fees of tens or even hundreds of dollars per transaction. The transaction fees for several major L2 networks are as follows: ARB $0.004, OP $0.006, BASE $0.03. The Gas Fee for BASE, as an L2, is even higher than the mainnet.