According to data from YCharts, the average gas fee has dropped from 72 gwei in 2024 to just 2.7 gwei as of 12 March 2025.
Before Sepolia, Ethereum developers tested the Pectra upgrade on the Mekong testnet, which was introduced in November 2023 to help devs evaluate the key features of Pectra in a controlled environment.
By choosing to invest $ETH in DeFi protocols rather than selling it, the Foundation is providing liquidity to these platforms and also demonstrating confidence in decentralised finance as a critical part of the Ethereum ecosystem.