Ethereum transaction fees have fallen significantly from $0.72 per transfer in April to just $0.095 today, driven by reduced mainnet demand during a quieter summer and network upgrades like the Fusaka upgrade and a raised gas limit. These improvements increased Ethereum's capacity, allowing more transactions per block and easing congestion, while Layer 2 networks absorb more activity. ETH price is currently testing key technical levels near $2,460, with potential to move higher if resistance is broken, suggesting a favorable environment for renewed network activity.
Ethereum's recent network upgrades coincide with its price trading at Rp43.435.710 on Pluang as of Sep 18, 2026 06:31 WIB, showing a 1.73% gain in one day. This price level contrasts with the quieter summer demand that helped reduce transaction fees drastically. Meanwhile, Ethereum's market cap stands at Rp5.292,64 trillion, highlighting its significant scale compared to typical daily trading volume of Rp211,73 trillion on Pluang. These figures illustrate Ethereum's strong market presence even as network capacity expands and transaction costs fall.
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