Average Txs fees on Eth L1 is lower than 1c, it no longer is justifiable to use any other L1 over Ethereum purely for fee reasons As @SweatyKodi pointed out, it's all due to Fusaka ! And also Pectra. Pectra enabled blobs, basically allowing all L2 Txs to be compressed into small data packets before being shipped to mainnet for verification. That started things off because prior to that L2 activity was actually spiking fees on the L1, but this allowed their load on the L1 to be so low that it was negligible in impact. After that completed, Fusaka came along and allowed us to pack more blobs per block ! All leading to cheaper fees on L1 and L2 whilst increasing tps We have hit an ATH of TPS of 58k btw !
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