[Ethereum Network Gas Fees Drop to 0.067 Gwei Low] The gas fees on the Ethereum Layer 1 blockchain fell to a low of 0.067 Gwei on Sunday amidst recent market downturns. According to Etherscan data, the average cost for token swaps is approximately $0.11, while NFT transaction fees are around $0.19. Analysts warn that excessively low fees may reflect long-term fundamental issues within the Ethereum ecosystem. Since the Dencun upgrade in March 2024 reduced Layer 2 network fees, Layer 1 revenue has significantly declined, raising concerns about network security incentives and sustainability. Critics argue that Layer 2 is undermining the revenue of the main Layer 1 network.