Ethereum (ETH) transaction fees have fallen to their lowest level in eight years, dropping to levels last seen in 2017, just days after the Fusaka upgrade was made public.
data from crypto trunk This indicates that daily gas prices have fallen toward the lower end of their historical range, marking one of the steepest price declines since the early stages of Ethereum's network growth.
The Fusaka upgrade appears to have the intended effect by improving execution efficiency and reducing congestion at the protocol level. Lowering fees has long been one of Ethereum’s deepest challenges, especially during periods of high on-chain activity.
Fusaka upgrade is today.
Ethereum is scaling securely. pic.twitter.com/YaJ5WL4tSc
— Ethereum (@ethereum) December 3, 2025
In particular, the recent decline suggests that the network is making measurable progress in terms of scalability ahead of a broader roadmap milestone scheduled for 2026.
1/ Fusaka will come on December 3rd.
Ethereum’s next major upgrade shows that the network can grow to meet global demand without sacrificing decentralization or permissionlessness.
Whether you're a user, builder, institution or operator, discover how Fusaka can make an impact. pic.twitter.com/FKsqdZiwMM
— Ethereum (@ethereum) November 28, 2025
Elsewhere, Vitalik Buterin also introduced new proposals that could reshape how users deal with transaction costs. The concept outlines a trustless, on-chain gas futures market that allows developers and users to lock in or hedge future gas prices directly on Ethereum. Such mechanisms create predictable transaction costs and reduce fee fluctuations during peak demand cycles.
