[serverholic]

Ethereum transactions are moving to layer 2 which is a lot cheaper. Right now some layer 2 providers are as cheap as $0.15 and getting cheaper on a regular basis.

[knownjorbist]

Polygon(ETH L2) has sub-$0.01 tx fees, fwiw.

[serverholic]

Polygon is a sidechain and isn't what most would consider an L2 these days.

They do have L2 rollups in the works like Polygon Hermez which has $0.25 transaction fee right now.

[antihero]

Is this the WETH thing?

[serverholic]

I assume you're referring to the hack? No that was a cross-chain bridge that got hacked. I would never trust those anyways.

L2's are Ethereum's official scaling solution (along with sharding).

[immibis]

Cross-chain bridges are how you get your coins onto a L2.