One of the major reasons for this is the Ethereum Dencun upgrade.<br><br>Prior to Dencun, the average transaction on Base cost ~$0.31.<br><br>But since EIP-4844 has been implemented, network fees are down to almost fraction of a cent.
One of the major reasons for this is the Ethereum Dencun upgrade.

Prior to Dencun, the average transaction on Base cost ~$0.31.

But since EIP-4844 has been implemented, network fees are down to almost fraction of a cent.