From Cointelegraph

April 27, 2025 4:34:00 pm:

Two Ethereum community members, Kevin Owocki and Devansh Mehta, proposed a dynamic fee structure for the Ethereum application layer to balance revenue generation and fairness in fee extraction. The proposal uses a square root function to lower fees as project funding grows, capping fees at 1% for projects over $10 million.

Solana onboarded more developers than Ethereum in 2024, attracting 7,625 new developers compared to Ethereum’s 6,456. Despite this surge, Ethereum remains dominant, but Solana is catching up as the second choice for decentralized app developers.

Ethereum fees dropped to five-year lows in April 2025 due to reduced demand for smart contract operations like decentralized finance. This drop has led institutions to scale back their Ether holdings or sell off portions of their investment amidst eroding investor sentiment toward the platform.

Read more at Cointelegraph: Ethereum community members propose new fee structure for the app layer