Ethereum's weekly transaction fees have decreased by 21.7% to $6.46 million, according to Sentora, an on-chain analytics firm. This decline is attributed to reduced base-layer activity, with average gas fees reaching multi-year lows as users migrate to Layer-2 rollups for cheaper transactions. While this shift benefits users and developers, it also results in lower EIP-1559 burns, potentially affecting Ethereum's disinflationary supply dynamics. Despite the fee reduction, Ethereum's total fees remain approximately three times higher than Bitcoin's, underscoring its dominance in on-chain economic activity. Analysts indicate that factors such as ETF demand, staking inflows, and Layer-2 adoption will play a more significant role in influencing Ethereum's price than base-layer fees alone.