Based on the latest data, Ethereum network Gas fees have dropped to historical lows, currently sitting at 0.988 gwei. This figure is well below the 1 gwei threshold, marking a significant decrease in transaction costs on the network. For Ethereum users and developers, this change means lower transaction fees, enhancing the efficiency and appeal of the network. As Gas fees decline, it is anticipated that more users will opt for the Ethereum network to carry out transactions or develop applications, further driving the growth and prosperity of its ecosystem.