TechFlow news, according to Ambcrypto, data shows that Ethereum's gas fees this year have significantly increased compared to previous years, reaching 266,487 ETH, approaching the end-of-2018 peak of 268,196 ETH. The rising gas fees indicate both growth in the Ethereum network and higher required security spending. In addition, miners' income from fees has also reached a new high, with over one-third of miner revenue now coming from transaction fees rather than block rewards. The Fee Ratio Multiple (FRM), which measures network security sustainability, has been negatively impacted—typically an FRM between 1 and 10 ensures sufficient miner compensation for network security, but the current value stands at 21.51. This suggests that Ethereum will likely need a block reward subsidy increase soon, effectively raising inflation, to address the current shortfall in security spending.
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