Ethereum co-founder Joseph Lubin is pressing the case for keeping Layer 1 fees low to widen adoption, arguing that cheap transactions plus more network activity, staking, and ETH burning strengthen Ethereum's position. His comments land as L1 fees sit near a historic low of roughly $0.09–$0.10 per transaction.
Ethereum co-founder Joseph Lubin has emphasized keeping Layer 1 fees low to drive adoption and support the long-term value of the network. He framed low transaction costs as the foundation for a broader user base rather than a threat to Ethereum's economics.
Why cheap transactions matter to Lubin
Lubin argued that low costs, combined with rising network activity, staking, and ETH burning, could strengthen Ethereum's competitive position as a leading blockchain platform. The logic ties cheaper access to more usage, and more usage back into the mechanics that remove ETH from supply.
Fees near a historic low
The push comes as Ethereum's L1 fees have dropped to a historic low of approximately $0.09–$0.10 per transaction. That decline stems partly from the recent Glamsterdam upgrade and from activity shifting to Layer 2 solutions such as Arbitrum and Base.
A settlement-layer strategy
Observers read Lubin's remarks as a strategic push to position Ethereum's L1 as a low-cost settlement layer, one that supports the network's deflationary potential during periods of high activity. The framing shifts the base chain toward settlement while activity moves to cheaper Layer 2 solutions.
Source: Crypto Briefing (snippet-based)
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