In october 2018 since the bulletproofs deployment, a zero-knowledge proof system, the size of an average xmr transaction has dropped by at least 80%, as well as the transaction fees.

Tx fees now around ~$0.01

Tx size is now ~1.53KB

Since 2020, we have moved to bulletproof+ (improved version), and bulletproof++ is currently being formalized in the pipeline. While some are just starting to hear about zero-knowledge proof in 2023/2024.

We're one step ahead bruhh

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That's why I admire the Monero project so much. Always with state-of-the-art technological solutions.