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Sorry if this not the proper place to post this and sorry if i feel little mad about it, but ALMOST all wallets ask for crazy ETH fees that are hard to cover, any hope that in  a near future can be lowered?...

So crazy at the cost of one transaction, it's worse than in 2017. The DEFI craze won't stop here, it will continue for the next few months. Perhaps in a few months, the cost of ethereum will reach $ 100.
This absurdity needs to be stopped now, trader drowning in costs.

If you are an investor in a DeFi project, there will certainly be times when you need to set the gas up to 1000 to be able to sell that coin.

Really, this is crazy, but certainly the profits from DeFi projects bring investors a lot of profits. It can be seen that the current transactions are concentrated in Uniswap and the transaction fees will certainly increase a lot.

It's not surprising after Uniswap dropped their tokens. I just checked gas station and it's 160 gwei for standard speed so that's probably around $2. That's considered as reasonable compared to the $5 or $20 fees before. Crazy that they (ethgasstation) have to change how they classify the speed. It's now "Standard", "Fast", and "Trader" with trader being the highest. "Low" was removed.

If you are actively trading on Uniswap and doesn't want to pay for the high gas fees, you may want to check this topic https://bitcointalk.org/index.php?topic=5274294.msg55153651#msg55153651

if this condition happen maybe its good time to save ethereum for long term. demand for gas fee will still high if defi project still be trend in cryptocurrency market and ofcourse people will buy more eth for their transaction.

Yes of course, GAS fee make me crazy....
But, if we have token or coin with high values maybe this fee its ok.

And i don't know why this fee very high right know. Maybe anyone can explain me ?

Yeah seems to be that in the last few weeks we rarely had a few days with normal fees.
First the crazy defi hype with all the yield farming which created a lot of traffic in the ETH network and now the Airdrop of uniswap which slows down everything.
Maybe when everyone claimed their uni then we can go back to normal. It sucks to pay a 20$ fee for a 100$ trade  :-\

You know that automatically computed, right? With the busyness of The network transacting different tokens at the same time. Some of DEX’s Also depositing or probably lending their assets adds to the network transactions. We have reached a higher transaction recently according to this article (https://www.coindesk.com/decentralized-finance-frenzy-drives-ethereum-transaction-fees-to-all-time-highs) [1]

It also states in the article that it’s part of the decentralized financing craze. Recently, I have seen posts about Uniswap Receiving their tokens that are equivalent to a large amount of money.

Don’t worry, OP. The transaction fee would decrease as the network becomes less busy. If you need the transaction right away, then you have no other choice, but if you can wait, I think saving a few bucks would be great.

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[1] - https://www.coindesk.com/decentralized-finance-frenzy-drives-ethereum-transaction-fees-to-all-time-highs

No If here. DEFI is hurting people who don't invest in them, who simply transfer their money, transfer their tokens between wallets.
I'm looking at where the cost will go. I'm not interested in projects with an anonymous dev team and value manipulation games like DEFI. Most projects are ambiguous and the markets and costs are insane now.

This will cool down soon. Its just many have using eth network especially during the claiming of uniswap airdrop. I dont know but the impact it created is so huge. I feel pity to everyone that should pay a huge transaction fee to trade. It seems trading on uniswap is not for everybody anymore and only big traders can spare huge fees.

It may happen next year and you should not expect this to happen very soon as this trend will be sustain until the next year. The come of UNI token has already made ethereum network goes wild as the price of UNI has made everyone who has already received it must try to deal with big fees to send and sell their coins to the market.

This problem will never be recovered.
Ethereum 2.0 is a long way to go.

We are expecting a lot from the update of ETH and they must work with the fees or else we will suffer big in the future.

$100 fees per transaction is possible if the craze on DeFi projects continues, people have no choice but to deal with it and do their best so they can earn profit with their investments to cover up all the fees. This is crazy a lot worst compare before, if you're transacting with small amounts better to save that for later and look for alternative options available in your place, like a p2p transactions.

Fees crazy and so many failed/pending transaction when you input your gas below 700 gwei, i dont think its not good for future of DEFI because newbie like me dont have ether to cover transaction in Uniswap

Right now the fees are pretty much back to normal according to,

https://etherscan.io/gastracker

You can do a ~100 Gwei ($1 per transaction) which will confirm within 10 minutes or so. However I know that earlier this week this figure was up to like $7-8 per transaction. Generally whenever there is some craze like the UTI token distribution the fees will always be very high. My advice is just to wait it out unless its an emergency, just send it anyways and when the fees lower it should confirm.

This isn't the first time this happened. Last month we had this issue with the DeFI transactions before the Sushi blowup and even last year or so with the CryptoKitties or whatever it was called. Hence this is why scaling is very important for ETH and BTC.

IIRC, it had been 3 weeks or more.
It will come back to normal. It should be.

The traffic is causing a lot of trouble thanks to DeFi.
Some buyers want a cheaper tx fee but the problem is it will be stuck there.
This always happen when something is being hyped. Same thing happened back with ICO days.

Haven't been in Ethereum lately since i'm on a hold. We are now seeing the effects of the DeFi hype well not quite sure how high will it get if i remember this is not the only time the transaction of Ethereum went crazy let's just wait for some time and let's see if this will continue to increase because of the hype or will be back to normal again.

Gas prices increase when the network gets really busy. In a sense, high gas means ETH is doing well. It's certainly better than no-one using the network. The reason the network is busy is a DeFi frenzy - everyone wants in.

At present there are too many transactions in ETH wallet which is very sad for us. We are facing many problems in our transaction due to extra fees. I still have a few coins pending due to additional transaction fees. Which is why I think I have suffered a lot of losses. So I want an ETH transaction to be free as before.

Yesterday I wanted to convert around 1800 Lina token to Ethereum through uniswap and the swap fee on uni swap was about 0.1 ETh  ???

I really avoid using uniswap , the fee of swapping in it is too hight , that is why I sent to some CEX and changed it there to Ethereum .

Yes it can be lowered again someday but no body can answer when, its always depend on the situation . as long as ETH is still congested  the fee asked is always higher it also depend on the upcoming ETH 2.0 if there are plan to upgrade the system so it will have lower cost and fast transaction.


This is not new it happen already way back 2017 when there is hype with a game called crypto kitty we are also experiencing  the same problem in transaction .

Someone knows if with ETH 2.0 this fee problem will be solved?

Ethereum fees are going through the roof all thanks to the Uniswap's airdrop right now would be the best time to start mining ETH I think because I read in some article that miners made $5M in just an hour.

It's because the DeFi hype, also because of the UNI airdrop and Yearn Finance which really blowing up right now that makes the eth fee is going wild. I mean, we had this kind of situation in 2017 but instead it's both Bitcoin and Ethereum who had the craziest fees all the time. This hype would continue in next few months so prepare yourself.

The gas price is increasing rapidly it has became a nightmare for me and probably many of us hopefully it won't be so long anyways I am desperately waiting for eth 2.0 and expecting that after the network upgrade we won't face these kind of high gas fee problems anymore but for now we have to deal with the situations.

ETH/ERC20 - Check and select good Gas price (https://bitcointalk.org/index.php?topic=5261480.0)
[GAS Price Aggregator] How to find the optimal gas price (https://bitcointalk.org/index.php?topic=5275510.msg55186609#msg55186609)

Fee is falling as shown by:
https://ethgasstation.info/calculatorTxV.php
https://etherscan.io/gastracker

It is lower (4 times than one week ago). If you are in hurry to sell your tokens (fear of its fall in short time), or buy potential tokens, you can accept high fees. I don't go with high fee.

many users of the ethereum platform have complained about this unreasonable cost of GAS, I think long when transacting using the etehreum platform
didn't know this problem would end for example this problem persists, I am afraid that many will leave the ethereum platform, including me

If this way the fees continues to be high only then quite a lot of people will refrain from using ETH and may switch to another altcoin and this would not mean anything good to ETH. For a certain time, it was fine but just continuing this for long worries me more as the demand may fall and this will lead to drop in price as well.

These fees are here to stay and we coudn't do anything about it, unfortunately. When defi hype will ends or when eth 2.0 will be released fees will normalize

with different choice as trader works on customs with the crypto finance banking, there must be shifts with distance on comparison as trader might have with distinctive on personal qualification as appeals with uses of 1 or more on reference as defining one of decision.

For the fees that are currently occurring on the ETH platform are indeed very expensive and there are some people who say that this is due to the unfinished development of ETH 2.0 which makes the existing gwei on the ERC20 smart contrac unstable and tends to be very expensive, meaning we can conclude that after ETH 2.0 is successfully developed, the gwei on the ETH platform will decline and be stable as we have seen in the past.

thats possible . development of the current project can sometimes affect its performance , i experience that before mostly on the websites and on the applications but not on the crypto coins  but who knows ? maybe this is the first time  , add in the eth value and the new alts/tokens that can also be used as a lead to the outrageous fees going on eth .

  i have an idea , what if platforms offers a cashback for every eth related transactions . in that way we can reduced the expensive fee that we are using  .

I don
t think the DeFi hype will not stop and it will continue because there's already a market for DeFi it will continue until the developers of Ethereum come up with a fix on their network but for now we just have to look for alternatives like Tron other coins like Litecoin or Doge, these coins are my alternatives.

Ethereum's gas fee increase occurred because of HYPE on DeFi...
but of course, the fee changes continuously and fluctuates. Currently the gas price is around $ 0.89 [low], $ 1.09 [medium] and $ 1.31 [high].

The problem is that not everyone has a large amount of capital to be able to withstand such gas charges. There are a lot of small investors in the market and it is difficult for them to pay such a large fee.
This also makes it difficult for bounty hunters, some bounty projects only pay bounty hunters a very small amount, if they deposit tokens on exchanges for such a fee they have nothing left.

Stake Lina, dont dump it :D But seriously, the ETH network has been congested for the past few months and I doubt that it will clear itself anytime soon. Weeks ago the whole yield farming scene was to blame for such high fees, now is the UNI airdrop/trading insanity, and a week from now something new will come along and wreck the network again.

Actually it was not the work of DeFi, but the act of the Ethereum platform whose gwei costs suddenly increased until it was not controlled by the owner itself, and this is a lot of reason because the development of ETH 2.0 is still not finished until now.

When the network traffic slows down but nobody knows exactly when.

But the good thing is that, gas fees back to normal again and you can set it to the minimum gas fee. But of course, there is no instant confirmation to happen the same thing as of before, only a thing that small fees could still be confirmed not quite long compared in the past days.
You can check it
https://etherscan.io/gasTracker

Once upon a time when Ethereum fees are too low that anybody can transact even 1 dollar worth coin to another wallet or exchange but These days oh my god Ethereum fees are the only boss in this world. Almost many bounties and airdrop payment are pending due to this high transaction cost. Anybody don't know when will it come down or might go even bigger transaction fees then this. Looking at eth price it is not going to end early so just see what happen next.

Ethereum fees are too crazy, Because of high gas fee.
I think it will be lower. when ethereum 2.0 will start.
waiting for 2.0

This year there were big problems with fees on ethereum blockchain, but some time ago there were improvements. Nontheless last airdrop on Uniswap aggravated situation and fees are higher and higher. Scalabiltity still is weak side of cryptocurrency and updates are necessary to make things better

Higher fees means that there are higher number of transactions that is being processed. It's likely that the hype on Decentralized Finance or known as DeFi lately caused it, there were more tokens that has been distributed/ circulating, more trades that happened, more sending of balances. With it currently having such high fee, it is expected that it will go down soon because the DeFi hype will eventually perish.

and it should influenced to ethereum price, but its no okay if we still paid high fee for each transaction, investors and trader could move to another platfrom that have good network and low gas fee.  and defi maybe have contribution to this fee.

Ethereum gas fees increase when the network is loaded. And this is because of the interacting with DeFi smart contracts, threaten the growth of the sector. And with the surging of Defi projects on Ethereum it has contributed skyrocketing with the fees.

So the problems for the high fees are "technical" not the "low stock" i am correct?...

In anyway we should expect low fees to the mid of the next year right?...

Those who are continuing to use this chain got no other options with new projects that they are riding with the trends.
Uniswap mostly affects this huge cost as the network really busy working with every transactions that this exchange
is facilitating from time to time.

today GAS looks better due to the downturn even though it is still quite expensive as it is still above $ 1. but this situation continues to change even yesterday we saw the costs have to be increased very largely.
even though the network is very congested, and there may indeed be errors or interference with the ethereum network which makes gas costs very expensive. but if you look at transactions at Uniswap that require a higher fee than other exchanges, they still have large transactions.

well this is all due to Uniswap and several other DeFi projects that make ethereum technology transactions increase and make gas transactions not as cheap as it used to be, the only way is to make an update from ethereum which can provide leeway for the transaction so that it can make gas costs become cheap again.

At the moment it is free from ethereum is very crazy and this we feel heavy when making withdrawals, but some of us feel advantaged especially those who follow their deFi project must get a lot of profit, but this sometimes feels unfair because some of us there are harms, I think this should be a change.

It is possible that if the erc20 network users are still busy, the fees will continue to increase and will not go down, actually this is the busiest usage as long as ETH has been made even beating the use of density during the 2017 bullrun.
I myself feel annoyed, but for a while every day eth gas can go down even if only for a moment.

When more and more transactions are created on the ethereum blockchain, it will make gas costs increase and the transaction will become busy and shipping costs will not be as fast as usual, gas costs will decrease when transactions decrease so that they are not as busy as when gas prices rise.

Yes, the fees is very crazy now, I think many people will like to switch to other  cryptocurrencies, since the fees is too high compare to other platform like LTC, BNB, and BTC  that have low gas fees.

With the high cost of transactions on the ethereum network, the situation is now, of course, very difficult. The web is very congested, but this is also a testament to its popularity. I try to avoid transactions with ethereum or its tokens for now. Most likely, the situation can only be improved by the implementation of Ethereum 2.0 improvements, which we have been waiting for a long time.

Looks like it's because new dApps like Uniswap that consuming high fee, Also as you know because of UNI Airdrop yesterday basically it's normal to assume the people that receiving it was trade their UNI on the platform which we know it have high fee, Well let's hope it will become normal again soon.

Right now, ETH fees feel very expensive, I also hope that in the future there will be other alternatives in transactions because more and more investors make transactions so that the fee is also higher.

ETH's increasing transaction fees are due to the fact that Uniswap has a huge volume of transactions and all has to go through the Ethereum platform. That is what no one wants but due to the fever of the Defi trend, everything is on the foundation of Ethereum. When we invest, we have to bear those costs, and that must be the case for everyone.
Also, if you need to move money from one wallet to another then I don't think we should use Ethereum at this point. The fee is very high and it takes a lot of time to process the block. We should use XRP or Litecoin instead of BTC or ETH.

There is hope for a reduction in fee gas of course there is, but because currently there are so many transactions that keep fee gas from going down, many people who have jumped into the world of cryptocurrency have complained about this.

Ethereum blockchain is really suck. After 3 years nothing solved. I remember at the end of 2017 when crypto goes crazy samething happen with ETH. And now for 3 years development they still not improve their network.

It is inevitable, the space in each block is limited and the demand is high and we know what happens when that is the case right? The price of that thing goes up, which means the price you need to get a confirmation on the Ethereum network is very high at the moment, this is really bad especially for small investors as they may find the price of the transaction itself is higher than the price of their coins effectively making a bad business decision to get rid of their coins, and if you happen to be a trader those fees could kill any profits your system may give you making impossible to trade in a profitable way.

I lost around 0.12ETH yesterday (nearly 50$) for just 2 transactions, and 10 minutes to receive that Tx. What a ridiculous fee. If they can't change, soon they will lost the users to new platform with cheap fee and fast transaction like Serum recently.

So after many years Ethereum doesn't have any change? I wonder why they still in top 2 marketcap now. Many new blockchain with higher speed will replace them if Ethereum 2.0 doesn't solve that problems.

Do we know if there is anything that could be done about this? I mean surely there must be but I just don't know about it at all, do you guys know? It sounds like people are too much hyped about all the defi stuff these days and eth blockchain is clogged beyond recognition right now, it is getting to an absurd levels of funny fee's at this moment.

I remember the cryptokitties period and how it was clogged there as well but nowadays we are ready for something like that again, but this is muuuuuch bigger so it wasn't ready for something like this. Same with bitcoin for example, during 2017 peak times transactions peaked as well, if we have the same transactions things would be cheap but we have even more nowadays. So what is the solution to make them cheaper and faster again?

I think the high cost of ethereum gas has something to do with Defi, see for yourself that most of the Ethereum users make transactions on the UNISWAP platform and keep the network busy. If I'm not mistaken, this problem happened in 2017, when there was a project hype and it had an impact on Ethereum's gas costs.

Really it is painful situation. Ethereum fees is so high and personally I'm unable to send lower transaction only because of gas fees. Hopefully it will fix very soon.

Ethereum fees are getting crazy due to the hype defi, especially after yesterday's unexpected incident about the UNI airdrop which made Ethereum's fees even more expensive. on the one hand it seems to have something to do with Ethereum 2.0. maybe after ethereum 2.0 at the release of ethereum costs start to return to normal.

Unfortunately, this problem will manifest itself whenever the Ethereum network is under heavy load. The solution to this problem will be the transition of Ethereum to the 2.0 platform, but now the DeFi platform Uniswap is affecting high fees. It's hard to say how long this will last, but we need to hold on and believe in the best. Try to make an exchange when the gas price is minimal, usually at night, when some of the users are asleep.

Fees dont depend on valets fees depend on a chain you are using. I would assume you are talking about Ethereum asset platform. Here you can see an average fee each day. So you see they change https://ycharts.com/indicators/ethereum_average_transaction_fee

If you do not have enough money in your wallet for commission you can try to send a transaction on a weekend at night, usually at this time traders rest and the cost of gas in the Ethereum network is significantly reduced.

It is a good indicator that Ethereum becomes really used and worthy, but on the other hand, it shows that currently, Ethereum is not suitable for massive adoption, it can´t process the pressure and the number of transactions, that lead into higher fees and slower transactions.

That is the problem we face during the bull run. One of the stated advantages of adopting cryptocurrency as a means of payment is very fee of transaction but it doesn't seem to be so when we're in this type of period.

This is the current problem, doing transactions with high fee is not helping traders, spending close to $50 daily only on transaction fee don't worth it atall, this can only change if eth falls back to $150-$200 which I don't see coming anytime soon.

The high gas transaction fee is the result of network congestion and the traders also hesitate to send a transaction with a high fee or not. The fee doesn't worth paying big amounts over $10, especially in decentralized exchanges that run on P2P trades. The traders should prefer to use centralized exchanges and avoid paying the high network fees in the ETH network. Checking the GAS comparisons websites will give an idea when to send the transaction but it will cost higher than normal day. ETH 2.0 should solve these mentioned problems,  I hope it will get fully released by ETH developers soon.

That's absolutely true nowadays ethereum gas fees are skyrocketing but no need to worry because this problem is temporary I guess we are facing this problem because nowadays there is a lots of craze of decentralised finance (defi) but I think after some months this craze will be gone and ethereum will charge low gas fee which is normally used to be

Small traders are surely suffering ETH straight up robbing our profits, even if you choose a time that the network is not loaded it's still inconsiderable we don't even know when these high fees will end but Ethereum needs to fix their fees or release Ethereum 2.0 faster.

wow this is certainly bad news if it comes to a transaction of that size, because I see it seems that every large transaction will be quite large. but a few ago I have tried it looks like there has been an improvement even though it is not optimal.
I tried a transaction fee of 16ETH which was charged for a fast $ 3.66 and much compared to yours. sad to see this reality ...
but if your incident with such a value is very fantastic and this is strange.

If you don't know, token transaction fee is much expensive compare to ETH transaction fee. You need to set gwei at >500 and 100000 gas to send a token, and also, $3.6 like you for a single tx still too much when you use another platform like Serum or Tronx.

Everyone hopes that the very expensive gas costs on the Ethereum platform at this time will be immediately fixed by ethereum, only until now this has not been done by ethereum, this is evident from the cost of gas which is still expensive to date.

ETH might have no control over the gas fees and maybe that’s why we are still experiencing an expensive way to transact under the ETH platform. This should be solved because I can’t sell my token due to a higher gas requirements, kidding aside the fees is not a joke at all. This market offers a faster transaction at a minimal fee, I hope ETH team knows this one.

This high Ethereum cost will probably continue as long as this defi trend lasts, is it okay for us to accept this situation, hopefully the team will think about this soon or at least in version 2.0 later the transaction costs will be lower and the speed will be even more maximal so that eth remains in second position after btc.

since ethereum fees have gone crazy i have stopped trading and sending tokens, and there's not much I do except wait for costs to drop. until now I have not seen transaction costs decrease. Hopefully the team will quickly solve this problem.

The team is after temporary quick-fixes rather than attempting to find a long-lasting solution. This is what is happening with Bitcoin as well. Temporary solutions such as SegWit and Lightning hasn't helped in rolling out a permanent solution. The transaction fee still remains high and it is having a huge impact in the adoption and acceptability of cryptocurrency in the mainstream market.

It could be that the high cost thing is a "technical" problem because the Ethereum side itself is building something really good at the moment, and for the expectations about gas costs, everyone is clearly hoping for a low cost like it has been in the past.

I thought so too. there were technical problems plus the density of ethereum network transactions that made this happen. everyone wants a faster transaction and ultimately costs more. Currently, GAS still looks unstable and moves by a considerable margin. $ 1-2 for each transaction. not to mention if you make transactions on several exchanges that require higher fees.

I have some tokens that I wanted to sell. But because of this eth fee, I can't do it. Now the ether fee is even more than that of bitcoin fee. If this continues, it will be difficult to use the network.

If your tokens have a great value, I think about $ 15 in transaction fees as of today is not a huge amount. Otherwise I think you should use uniswap to be more economical.

I trade small amounts, but I try to do it either on centralized exchanges that do not charge gas fees. Either on Uniswap at a time when the price of gas goes down considerably.
For me, the big problem is the transfer of funds between exchanges.

I also want to know when will this fee come to a tolerable level? As the days go by the tyranny of this fee has increased. ;D Due to this, all small transactions have been closed. So as soon as these fees come to a tolerable level that would be beneficial for all of us.

I think no one could tell you that, because of the current DeFi hype we all have cost higher gas fees for the transactions. But after the launch of ETH 2.0, it is gonna cost us lesser.

all crypto users expect what you think, GAS costs go down because if in look at the current price of GAS, it doesn't make a  sense
I kept some USDT ERC 20 in ethereum wallet and it's still on hold until now because the cost of GAS is very high if I send it now, there will be a loss

In fact, the whole story shows how far cryptocurrency is from everyday use, if the most common ecosystem ERC20 has such serious problems! And I'm not sure that the transition to ETH 2.0 can happen quickly...

That´s why the Ethereum community push developers to release Ethereum 2.0 as soon as possible, but on the other hand, if they develop a partially working solution, the disaster could happen and a lot of Ethereum could lose a lot. I prefer slower development with a lot of tests, after everything will be tested then they can launch the new update on mainnet.  :)

ETH is old tech unfortunately.
Nowadays there are many feeless coins are the market, but none that has the structure of eth, except x42 Protocol.
I highly advise you check them out.

I think it will be lower soon and if not we have optins soon like PolkDot but I think ETH will figure this out. Just my 2 Euros.

ETH is flooded with transaction if uniswap and all the kind of Defi services still exist i doubt the fee will go down. This points out that ethereum actually have scalability issue that need to be resolved and not really ready for mass adoption. So, in the meantime while the dev (probably) trying to figure out how to solve the crazy fee it's better to switch into using another alts because the other alts fee just so much lower than eth.

With many DeFi projects using the Ethereum network, it is only natural that Ethereum transaction fees are getting higher.
The hype that occurred on DeFi projects this year, indeed made the Ethereum blockchain network crowded. Hopefully
Ethereum 2.0 can be released soon and can make Ethereum transaction fees even cheaper.

DeFi is currently very much in control of ETH fees, making miners very busy with lots of transactions on blockchains
I really feel back to the moment in 2017 when cryptokitty was launched if I am not mistaken and that is so that I spent a transaction fee of up to 20USD for 1 transaction, fortunately it is not that long different from now the possibility of transaction fees will be stable at current prices in my opinion

I also experience that one and I think if this will continue to happen many crypto enthusiasts whose using ethereuem blockchain will change into a blockchain that is more affordable for them and it will be a very big problem and lost for the developer of ethereum if they will not make a development or if they will not fix this kind of problem that we are facing.

Since the past, ethereum transaction fees will be expensive when the ethereum network traffic is heavy, you will have to wait a while until the gas fees drop, it usually takes a few days depending on how busy the Ethereum network traffic is at the time.
My advice is that you should store Ethereum in your wallet at least 0.2 ETH per wallet, this is just in case Ethereum gas costs suddenly rise.

Nope it won't continue to happen because have you already checked the gas fee now?it is lowered compared from weeks ago.
There is a massive use from Ethreum blockchain that is why the fees grows Crazy but haven't you  realized that also Defi Coins are crazy at the same time?
so it is not only ETH but the market is doing also some not usual movements.
But this is the first time that it happens,this very High fees in which almost everyone reacted things that is not happen from the past.
But lets see if this will happen more in the sooner days as the Bull run near to come.

Gas is lower now at 97 Gwei you can go on if you are in a hurry to trade the fee could still go up or go lower we are not going to experience transacting with 1 to 3 cents anymore, because the decentralized finance and decentralized exchanges have exploded already, the developers of Ethereum will have to work on how to get the fees lower because this is what attracts Ethereum in the first place.

Now the choice is between transaction speed and price. In any case, both options are now very unattractive, moving tokens for trading to wallets is very expensive, you will have to wait with shorts for now.

In part the high fees of etherum transactions are the consequence of the absurd claims of the mimers and in part to the enormous development of the various defi sites that have caused the network, the blockchain to become congested

How do you know it happened this first time? when the end of 2017 bullish ethereum gas costs rose and a lot of people complained about it,
In fact, the rise in ethereum gas a few days ago is something that is unusual, because the market is not in a bullish trend.
when the bulls occur in 2021, I believe Ethereum gas will rise higher, the same as during the bullish trend at the end of 2017.

a while ago, i made a transaction for about $ 23 via MEW. I did not think that the fee for that was about 0.01 eth, or at that time around $ 7. Well, after that time, I really liked paying attention to the gas on ethereum. well, maybe for now I need to refrain from doing ethereum transactions because the fees paid are really large. well, besides that many payments have stopped because of this. I hope this is all back to normal.

Which brings the question, for how long this DeFi hype can continue? It is obvious we are now suffering from stagnation in the market and its meteoric rise has stopped but still the high prices for ethereum seems to suggest there is still some strength left, but can this continue when hackers are taking advantage every day of newbie investors and their lack of knowledge about the markets? Because I really doubt it and when that happens the price of ethereum will crash really hard.

yes, the current rise in ethereum gas costs looks crazy. I even tried to exchange coins for a higher percentage of gas fees when compared to the sale value of the Coins. and it made me hold off on exchanging coins for now. I'm still waiting for Ehereum's gas costs to come down.

Actually, it is not too crazy for now, only 66 gwei average per transaction.
If your transaction is not too urgent, you can wait some time for the lower gas fee in ethereum blockchain.
The gas fee will be very high if the network is very busy with many transactions using high gas fee, but not all of the time.

The crazy cost of transactions is causing many to ditch the ETH blockchain. If we do not see any changes in the ETH network in the near future, then we risk saying goodbye and looking for an alternative blockchain.

It's normal thing that the ethereum's Gas price or Gwei would reach that high amount since ethereum now dominates in the market. As the ethereum's price goes up, also the Gas price for it's transaction will undoubtedly go up also. We just hope that this would be normalised again soon enough and get back into a lower Gas price transactions or Gwei.

cheaper? maybe it will be more expensive. Just look at how the crypto industry is developing, especially this new DeFi project. With so many using etherum smart contracts, and an increase in transactions, the likelihood will go up. but it must be reduced, so that etherum users do not move to other coins for investment or trading assets.

gas cost fee-eth is increasingly expensive, you can see the transaction so dense in blockchain eth I really can not understand this year fee of gas continues to rise due to transactions in uniswap exchange really have made gas prices eth unstable every minute of the price of gas is always changing things like this that make the gas getting up I think if transactions continue dense then the price will continue to rise.

Many of us crypto enthuasiasts are also experiencing that dilemma  of having a very hig gas price and ethereum transaction fee for over a long time now and I think the developer of this blockchain need to fix this problem because if this will continue many crypto people will definitely change to a less expensive blockchain and more convenient as well.

Yeah that's true and unacceptable. Ethereum needs to solve the scalability problem with Ethereum 2.0

Otherwise, we need to assess other options like Polkadot etc which I do not prefer to.

Well,  one week later you can send eth for less than $1,00 or something around this number.
Its all was about UNI airdrop and hopefully eth can maintain such fees as they're now

with different offers on wallet service provider, users of the token or investors to manage with least following uses with the limitation on barriers as users to work with distinct on customs as managing with appeals on possession of resource with chance as entering business.

changing blockchain is normal because ths will not affect your trading history since the Block that you are usually using has increase in fees.
But this doesnt mean it will be permanent since you can just go back again after the fees lowered again.
EThereum gas fee have just increased this time that high meaning it is peanut compared to Bitcoin that always has this same increase right?

if I'm not mistaken, it's probably Because of the DeFi hype & also because of the UNI airdrop that's currently exploding & impacting the cost of ETH gas going wild. I mean, but I think this Hype will continue in the next few months so brace yourself.

The development with the ethereum platform is pushing its transaction price to soar. Becoming even more than the price during the 2017 bull run. Hopefully, this will be addressed in the upcoming update in the platform as this makes it hard for small-time traders and investors to keep up with the transaction price.

With more end users who uses the chain miners have best options to pick those who are willing to pay much higher fees
to make much quicker transactions, congestions really makes it tough for small transaction to push as they needed to
wait for miners to process the request.


Yeah right, this upcoming updates hopefully gives some shed for small traders providing much lesser fees
and still good transaction  processing time frame.

That was normal because the gas fee is higher when there are many transactions with high gas fee submitted to the blockchain network.
Many platforms might using Ethereum network as their blockchain, and submitted their transactions using high gas fee.
Our transaction gas must be high as them, so our transactions won't be overcome by other transactions that using high gas.

Yes, fees are high - due to the fact that there is a huge demand and the network is under load. This means that you will either have to accept this because the fees works on the principle of "demand creates supply" or never use ETH again because the only way to fix this is centralization, which contradicts the principles)
I do not dispute that such fees are bad, but this is a consequence of decentralization, isn't it?

This is nothing new, in 2017 many projects that were thought to come out on the ethereum network decided to switch to other blockchains or create their own one when the price of the fees became very high, this is a classic case of the supply and demand in action, if the supply of something is scarce and as such its value becomes very high people are going to look for alternatives, and once this happens it will slow the growth we have seen in ethereum during the last months making it impossible for it to reach its ATH as many people were expecting.

Hype around DEFI projects reached a maximum, but the price of Ethereum could not overcome the important mark of $ 500 per coin. Perhaps the price of Ether does not depend so much on defi projects? I think this is more of a speculative question.

I think the fees will be lowered with time, I read a news on cointelegraph that develpoers are working on these high fees and I know its not a lie.
So we should be expecting lowrer fees with time.

Yes, you are right. The increase in gas costs did not just happen. The DeFi industry boom factor has driven high levels of congestion as well as increased scalability issues and its impact was felt together amid the DeFi hype following the launch of the Uniswap UNI token and surprisingly this is not a big deterrent to stopping users from transacting.

ETH 2.0 is also unable to solve the problem as people use ETH more and more in the future.
ETH confirms transactions in the form of cost auctions, those who send more costs get confirmed first, and those who send less are confirmed later. Priority is given to the rich. It is necessary to change this form of confirmation, not to auction but to comply with the standard time, whoever sends first is confirmed first. Only then will the Ethereum network get better, the costs fixed and the congestion stops.

because of Defi trend, so they use Eth to swap Defi coin, that is reason why transfer fee too high at this moment.

But the season will change because Defi will not stay long growing,Those many pumping coins are now starting to slow down and some lost more than 505 from the Hype early this month.
the Gas are low now,and will continue to fell since the Defi trend is fading,it wont take another month before going back or even worst on their
 value before the Defi pump.

ETH 2.0 is not a magic bullet which can solve all the issues associated with Ethereum transactions and blockchain. And Ethereum is not the only cryptocurrency which have been facing scaling issues. For Bitcoin, this issue has persisted for many years (and even now, a permanent solution is not available). Let nature take its way. If Ethereum is unable to cope with high volumes, then it will be replaced with another cryptocurrency, which is more efficient in dealing with this issue. 

But this did not take long,now the fees are starting to lowering and we are looking for the end of this defi season .
if the congestion was not there then fees will not increase this high.
but we are not expecting this for long time,actually in Bitcoin  this happens every time but we are use to it,so maybe this is the time that
 we will do the same in Ethereum.

Problems with the scalability of Ethereum have been brewing for a long time, but only recently has the problem with the cost of gas become so acute. This prevents the defi market segment from developing and improving.

It is not crazy anymore. Now the ethereum gas fee is below 100 gwei, which is still acceptable for me.
The gas fee was around 800++ gwei at the highest if i remember, that was crazy indeed.
When the others using high gas fee to obtain quick transactions, we must use high fee as well.

The only other option for those that are not willing to pay for the fees is to wait until they can get their confirmations for a cheaper price but this can be a problem when the network is congested and many times it takes weeks for things to go back to normal, however if you are an investor waiting for weeks is not really an option when waiting for some minutes can be the difference between making profits and losing money, so at that point the only available option is to pay for the fees regardless of the price but this is not a viable strategy for those that are investing very low amounts of money in very small projects as it will cost them more money to pay the fees than the profits they will get from exchanging their coins.