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Sometimes we feel not good after paying a High Fee on ETH  :) But I want's to know why this?

I feel my emotions with this

https://i.imgur.com/qpctUK1.jpg

If you think gas fee is too high now, then you werent around 3 months ago. The reality is, the deeper we are in a bull run, the higher fees will be. There are just too many hyped projects on ETH network right now. Im looking forward for ETH 2.0 which should fiy this issue hopefully.

When will this fix happen? I feel like the gas fee being exorbitant is a really bad thing for crypto as it hinders adoption because if you can't use it for small transactions then you will end up having to abandon it or having to find an alternative.

Somebody needs to keep it high to partake in the benefits. ETH gas costs being a worry of the overall trading public. ETH gas expenses are just high during congestion. ETH is charting its own course, independent of BTC. Tell us exactly how much will gas fees go down? From my perspective I don't know exactly however contrasting the current circumstance it could be 50% lower.

This is because the network is very busy, so traffic on the network increases if the network is quiet, the network costs will be cheap, this is the old theory "the more crowded a market is, the greater the cost of stalls because it is difficult to find stalls"

This is one of a lot of examples that Ethereum is only for those who got high volume amount transactions because if you just transfer or do the transaction with a small amount, transaction fee will just eat you.
A lot of people also keep telling this, if you want to do some small transactions in Ethereum especially on DeFi, just don't try it because of high transactions fees, that's why there are now a lot of alternatives for Ethereum with the cheap transactions fees.

Always look at the proper timing when the fees goes down. The lowest than I have seen for the eth fees is around 32 gwei.
I consider that now low when the usual surge is going more than 100 gwei.

So far i know there is no exact date but it's will launched end of this year (Maybe Around Q4), Developer was really active and you can track the progress here https://blog.ethereum.org/category/research-and-development/
Yes it can hinders mass-adoption but There already tons of alternative like Polygon and BSC that we can use, we can't really use Ethereum chain right now since the was really high and better wait until Eth 2.0 Launched.

Ethereum's high gas costs are the main problem that is going on with Ethereum and I think that they (Ethereum) are also aware of. Of course Ethereum must be solving this problem. High gas fees are normal because Ethereum is a good coin, but very high is not good either and I will feel emotional too.

Transactions on the ETH network are very congested, but everyone wants their transactions to be processed quickly, so people increase the gas so that transactions are processed faster

Actually gas fees depend on the activity of users. Sometimes the market is calm so fees are low, sometimes people are trading really actively, so one transaction costs 300$. If you are not satisfied with it, you can switch to some alternative networks. For example, on Polygon one transaction costs less than one cent, on Binance Smart Chain less than 1$. One more solution is to use layer 2 (Optimistic and Near for Ethereum).

The Gass fee in Ethereum blockchain is too high, and according to experts, the fee is as a result of the number of transactions been made under the blockchain, once there is too much volume transactions, there will be tragic and it will surely yield high fee for success of your transaction. I also have transaction to make in Ethereum blockchain, but because of the fee and the transaction I wanted to do is not too big I live it because of I make attempts to make the transaction, I will end up getting nothing than just to pay transaction fee, we hope the new version of Ethereum will help us out.

It is happening because there is a bottleneck. The demand is high but the infrastructure can't handle that demand in a cheap decentralized way. If you can't afford to pay the price, use some other blockchain. People stopped using bitcoin for purchases for the exact same reason. If it doesn't work for you, use something else.

Sometimes I had been thinking as well why the hell eth gas fee is too high and I don't see the logic, Because ETH is the only altcoins implementing this kind of high gas fee in the transaction. But this time via Binance the gas fee transaction for ETH is getting normal anyway, as I observed it 2 weeks ago now.

Because the Mempool is receiving more number of transactions so the people who are initiating the transactions are increasing their fee for faster confirmation so it ends up in a chain reaction and high fee.

You can wait or join the chain reaction there is no other way.

Actually it's not the same before 4 months ago, i guess. Because the gas fees was really too high reason some enthusiast prefer to used another assets especially those who always make transactions always ..but now seems gradually decreasing in my opinion after the fork, by the way if you can't afford the gas fees of erc20 you can pick another assets if your purpose is for withdrawal because that's the only way for now.

Yes totally agree with you, its way too high and sending tokens in ETH network has became way too expensive. if you have many tokens of 20$ worth then they are all worth less because the gas fee it require would be more than that.

installing a lower cost would also be meaningless. it will simply eliminate transaction fees with a failed transaction ending.
more and more transactions that occur using high fees trigger changes in fees that continue to increase. why can't this problem be solved quickly by the developer?

OP is talking about the ethereum blockchain so it is not a new one and also undergoing lot of developments, even now the roll out of ETH2.0 is under progress so after the complete roll out we can expect the fee to be decreased drastically. But if the number of transaction coming into the network keeps increasing then there is no way to stop the increase of fee, probably you have to move to another coin which has higher TPS.

The high price of GAS on the Ethereum network depends on many factors.
First, is a short-term crypto market crash such as a drop in prices that causes investors to make a lot of transactions on decentralized trading platforms causing GAS to rise.
Secondly, DEFI, NFT, meme token, Animal token projects have been the trend of the crypto market. Most recently, Opensea has always accounted for the top 1 transaction costs on the entire Ethereum network.

I guess eth need more to upgrade  and development and onec it done everything back to normal like we used to do at back old days, I think the only problem is the demand that crazy this high fees in ETH.

Dont be shocked dude, with current pumped of ethereum network and all the trend in the nft. There are lots who are using the network that probably cause the gas fee to increase. Maybe eth has problem scaling it and thats for sure a long time problem in their network, but Im sure Vitalik are working off his ass to have a solution for this. But if you want a smaller fee then you should do other networks like avax, bsc, polygon and fantom.

Until when? I thought before when volume 2 will release this problem will solve but it is not. I can't even transfer my token even I have a balance of $20 Eth in my wallet. Ethereum now suffers in clogging each transaction and they becomes congested network since they are also other networks that rely on them. Before, when the bitcoin transaction fee will increase I will be jumped into Ethereum, but now, I can't because it has a high gas fee too.
I always visiting on gastracker ( https://etherscan.io/ )gastracker site hoping that it will drop the gas fee so that I can move my token into the exchange.  

As much as Id liked to transfer too some of my tokens or sell I cant due to this, what can we do? Actually nothing for now but to wait, until when thats a question I couldnt amswered cause even the developet themselves arent sure when everything can be fixed. Its not actually a problem itd only an effect of too much usage on their network that cant be accommodate due to congestion.

Well I feel you bro, no one is really happy to see that the ethereum gas fee is so high, according to Coindesk [1], --since last year there are tons of transactions in the network that makes every transaction becomes high and until now, their network did not recover from a high fee which is also the demand has been having an effect, imagine there are a lot of projects that relying upon under with ethereum network and now we have NFTs projects that very hot in the market. The fees will always be like this.
^{[ [1] https://www.coindesk.com/markets/2020/08/13/decentralized-finance-frenzy-drives-ethereum-transaction-fees-to-all-time-highs/ ]}

The bad thing about this gas fee problem is when you only want to buy a product that used the Ethereum network and instead of paying only the item you want to buy, you will force to also pay the gas fee which sometimes has the same price from the item you gonna buy. I spent about x2 the price of the NFT I bought because of this high gas fee of the Ethereum network. I hope they can fix this issue because if they won't do anything, their competitor will move and they will regret it.

will the launch of ethereum 2.0 be a solution to the problem of very high transaction fees?
we know ethereum has been developing for a long time, the use of blockchain technology from ethereum has also been developed by other projects that offer higher TPS. Ethereum transactions are also very crowded which makes these fees difficult to bring down. I think ethereum 2.0 probably won't have a big impact on these expensive transaction fees.

I have been hearing this for the last one year, but the gas fee has remained the same. Someone told me that the Berlin Hard Fork would result in a reduction in the gas prices. More than 6 months passed since the hard fork was activated, but I am yet to witness any noticeable change in transaction fee. From what I have seen, there is little enthusiasm from the part of the ETH developers to reduce the gas prices. They are always going for delaying tactics rather than real solutions. On the other hand, lightning has resulted in a 20x reduction in Bitcoin transaction fee.

I think it's a normal emotion accompanied by frustration because it's not that easy to pay a huge gas fee in dollars, and it seems that the gas fee drama is normal in the Ethereum Network nowadays because the EIP-1559 is failed to solve the Ethereum gas problem many of Dapp's developers are leaving Ethereum network now so I think Ethereum developers have felt it now.

The 'Origin of the Fee' Problem
Even more, with huge transactions piled up in the memory pools of networks like Bitcoin and Ethereum, the laws of supply and demand almost always skyrocket the network fees or 'gas fees' for Ethereum.

What causes gas costs to get higher day by day is caused by too dense or too many blockchain transactions so that the network capacity becomes narrow and slow, so the only way we have to increase gas or buy a network so that the network capacity is wider so that transactions run smoothly so that it doesn't happen more traffic jam, if I think so

the advice you share seems to be the best solution. and many have given almost the same advice.
I think it's enough to make a trade on the ERC network to avoid the loss of transaction fees.
for the time being day trading would be better to the BSC network or something else which is cheaper.

For the current high Gas Fee, it is very unfortunate for investors or bounty hunters who have small crypto assets to withdraw their assets. But for investors or bounty hunters who have a large number of assets, it may not be a problem because they are still profitable when withdrawing or selling their assets.

I think that in the case of higher transaction demand and desires, the gas fees become higher. There are so many people who are being involved in the Ethereum blockchain. Due to this reason, the transaction become high and hence the gas fees become higher and higher.

Yeah Vitalik should work his ass off because when they launched they were claiming that they will scale on a massive scale unlike BTCitcoin who was struggling with the high transaction fees. They were not able to find a solution and hence they wanted to change the entire consensus algorithm to POS  and lets see whether they can sort their issue. For the NFT projects that are using ETH, the users should ask the developers to use Polygon so that the transaction fees will be low.

It's already i suppose, There are tons of alternative out there that offering lower transaction fee like BSC and you can also bridging through layer-2 like Polygon. The best thing do right now it's sticking to some alternative network until Eth 2.0 Launched in the end of this year or if you still insist to use Ethereum then you can try to make an transaction on low-trade time (UTC Midnight).

You ask why the cost of ETH gas is high, I can't give you a proper answer on that. But what we all must know is that the high cost of ETH gas is a complaint experienced by many people, not only you. There are many people or the ETH community out there who want this problem to be resolved as soon as possible, maybe we can only hope that the discourse on the launch of ETH 2.0 can be a solution.

I was advised by a friend that when ever I want to purchase an alt-coin or transferring one I shouldn't use ethereum because of high fees, from his experience he wanted to send ethereum of approximatly $20 into one of his wallet, but the gas fee was almost up to the amount he wanted to send, and what's funny $20 is the minimum amount of ethereum the receiving wallet accepts, he opted instead of ethereum, tether, litecoin can be used and after transaction those alt-coins can be converted to ethereum, I think this has been working for him.

unfortunately the eip 1559 has not solved the problem of high fees on eth, they probably remain at high levels thanks to the boom of the nft, for now it is better to fall back temporarily on the bsc blockchain even if it is not really decentralized waiting for better times

Indeed, I don’t think it’s a proper solution because i see in my time zone most of the time ETH gas fee will go lower in 30-50 gwei when i'm asleep. Even for a regular traders How will he wait for the proper time when gas fee will reduce? Eth network
is too much expensive and everyone has been facing this problem for a very long time.

I get frustrated anytime I have a little tokens to transfer to the exchange, just few minutes ago I paid gas fee of $13+ just to transfer few tokens to the exchange and it took 1 hour plus for the transaction to be confirmed, not very nice, eth network is becoming too difficult.

Do you expect ETH to be more decentralized after changing their algorithm to POS  :P. I am also curious to see what upgrade will solve their issues even if they successfully migrate to POS and how many bugs we will be encountering during its migration as it is a really tricky situation for them. You can blame the NFT craze for the rise in transaction charges but what is the end result and how long users will be willing to pay higher transaction charges.

To my own little understanding, I believe NFT claiming is the reason why we're experiencing so much increase in gas fee due to congestion. And at this point, I don't think proof of stake is the solution we need but rather ETH 2.0.

Always read everything when you are facing some problem. Explain is clear everywhere ( all Ethereum support wallet) "Why Ethereum Gas fee is too high". The main reason is miners and their cost, also the blockchain problem. Ethereum 2.0 is the best solution which opportunity we can take between next year. Recently I hate ETH blockchain because it costs me 50 USD for a few transactions. Ok now my question is one, why can't we customize Ethereum gas prices?

Gas fee is high this last few months and we can know when will get lower fees. During day price of erc20 transaction (fee) vary so try to check more times and try to catch good moment. Few days ago I saw it on 30 gwei. Dont see better option to try for now.

The high gas price is due to the sudden increase in transaction traffic, this is often seen on the ETH network every day, this day the ETH price is so high that it has led to many costs for projects there, this is probably is a dilemma with ETH for many years to come, if they don't improve this a lot of projects will leave ERC20 to move to other platforms with lower fees, if you want to reduce the loss too much pay for gas fees or watch the timeline when transactions are less frequent near the night or early in the morning when gas prices will be very cheap.

The gas fees is high due to the increasing demand of transaction in the Etherum blockchain which also make the platform conjected to take more time to verify a transaction the best is try to use other Blockchain but if it is mandatory then try to use at night where gas fees is slightly low as compared to day may be Etherum 2.0 solve the transaction fees issue

One of the most crucial aspects to consider while making a decision is timing, especially when the costs are decreasing.
The lowest it's ever been depends on the situation. When the customary rush is greater than what we ordinarily experience, I consider that low.  :-*

We talk about Ethereum 2.0 for some time, in the meantime the price is rising and fees follow! I decided a few months ago to abandon Ethereum totally, I have some passive income and I will keep that for the future, I don't plan to use it anymore as I did before!
I guess Eth 2.0 will make some changes, but I got tired of waiting and paying high fees to get something done! Now I find some other chains a lot better than Ethereum is!

This is common because of AMM exchanges that consume a lot of gas fee. They continue to go up to get the speed of the queue in transactions, the higher the gas produced the faster in queuing at the blockchain. This is an obstacle faced by ethereum.

I've done a few transactions on Ethereum, especially on Dogecoin, but that's my experience, if possible don't ever try again with you guys like me it's because the transaction fees are high but the coins are few (the witness is a little big gas), but if the coins are a lot it's not feels because the value we have is large or large so it doesn't look big, what is clear is that the gas costs are large because the transaction network is too busy so it's jammed, so the alternative way is to increase the gas so it runs smoothly

This is the second post I have seen about this today. Gas fees on Ethereum are ridiculous. If you haven't moved your funds to other chains by now, you need to do so. I prefer trading and farming on spookyswap on Fantom and on Ref Finance on NEAR protocol, both are fast, have cheap transactions and high farming rewards.

Those who are dealing with tokens, that are using the ERC-20 platform, there is no alternative available. I am tired of hearing from noobs who complain that the transaction fee of moving their tokens to an exchange is higher than the net worth of their token holdings. For such cases, there is no solution available right now. Newer projects are increasingly shifting to alternate chains such as BSC and TRC-20. But those who are dealing with existing projects have to deal with ERC-20 and it's sky high fees.

High gas fees is because of the popularity of Ethereum, this is the same issue that we are all having with Bitcoin as well when it got to be very popular and the fees increased more than it used to be. Now that’s the same thing that ethereum is going through, and because it has gotten very popular that’s why the transaction fees has now increased.

If you look at the number of projects that are being launched on a Ethereum blockchain these days, there are so many, from NFTs, DeFi, and so many others. So it’s going to continue like this until it is fixed. But I am looking forward to the ethereum 2, I believe that will be a fix to all these problems that we are having with the current version of Ethereum.

Not only NFT but DeFi and the others thing too, Ethereum Network was really congested right now since a lot of people was using it beside that some of dApps was based on Ethereum network which is making the network overloaded, It's good sign that Crypto was started to be adopted on global market but the fee was too high. We only can wait and hope Ethereum 2.0 Can fix this, For now it's better to use some alternative network like BSC, Polygon, Klaytn, Tron, Sol, etc.

This is a problem that Etherum has to solve because for platforms and technology it is good but Gas Fee is the worst, I even spent up to $100 USD for 5 transactions and it failed that's why many platforms have switched to Binance's BEP 20 type Smart Chain with low fees. I hope by the end of the year with the ETH 2.0 update the gas fee will be cheaper than before

we have seen it many times and really harmed for retail traders that actually want to buy something in market. with more than 20$ for each approve transaction and swap, traders will slowly move to another chain that provide low transaction fee such as bsc or solana that be new trend in market now.Ethereum core team should as soon as possible moved and improve this main problem because eth market share taken by another platform now.

Not only NFT buddy, you can see high transactions on Uniswap and DeFi exchange platforms.
I agree that ETH 2.0 is the solution to the high transaction fees on the ethereum network, but we need to be a little patient to see ETH 2.0 go according to the team's plan.
if you look at the current transaction fee, I think it's lower than in May, you can see it here.

https://ycharts.com/indicators/ethereum_average_transaction_fee

Have you observed that the gas fee has just been now quite expensive due to market volatility?
I've noticed some changes since Ethereum launched the burning mechanism, such as the gwei not going down below 39, I've been wondering if this was done on purpose by the miners or if it's the average gwei for bitcoin transaction demand.
The price of gwei has risen, and the gwei displayed on etherscan.io always gives you double the gas charge of what you're sending. For example, it will display you 30 gwei for transmitting an ERC-20 address, but after confirmation, it will only take half of what was asked.

The high increase in prices also contributed to the increase of gas fees and this is really bad because how can a user pay over $110 for a $50 transaction, we where made to believe that the launch of the eth 2.0 will bring solutions to the crazy increase in gas fees but so bad nothing has changed so far, and this is more reason many projects are launching claiming to be eth killers which isn’t supposed to be so. Lately I found $Near which is a complement to eth which is you can bridge your ETH token to Near and enjoy the benefits of the Near blockchain.

I don't know why they control Gas fees this is very bad for all traders and investors.ETH is the largest network system in the world but for the high gas fee we are losing our capital personally I always try to avoid eth network just only for the gas fee.

Gas fees are so high because so many people are using ETH and there is still no sharding on ETH. Once ETH figure out how to utilize sharding the fees will be lower and the network will be faster. That’s why is switched to NEAR until ETH 2.0 comes out because it has sharding so the fees are low af and the network is fast. It doesn’t matter how many people join the network it’ll always be fast and cheap.

to turn into a low-cost platform is unlikely to be done by ETH. maybe this could be the distinctive identity of ETH to be a high cost platform. maybe ETH will provide more different and better features in the future.

Honestly, I can't find any logic for this exorbitant gas price. I can't exchange many of my cryptocurrencies because of this high gas price. The same condition has been prevailing for the last few months. I'm hoping that ETH 2.0 will put an end to my wait.

The cause is not far fetched. Ethereum is a very popular platform(at least for now) so it is home for a lot of transactions from the DeFi space. So naturally the price of gas should be bumped up

We never know. This issue was tackled a lot of time and still nothing has been changed. If possible, to use other chain better doing that instead of stressing yourself wondering. There are many available competitive chains now which do offer far lesser transaction fees.
BNB is one of the best example and if you are into exploring ADA and Sol are also hot now, you can check them out and see if opportunities using this system will give you some good benefits.

Absolutely right, it’s very disappointing when i faced such issue at the moment in Ethereum blockchain because i need to transfer small amount of ETH in other wallet, And i have ETH in Binance exchange but binance withdrawal fee is 0.005 eth (worth around 15$) where i will transfer only 10$. That means i have to spend 15$ fee for 10$.

Now ETH transaction network gas fee is very high.Every single transaction needs 10$-12$ gas fee right now.I think it will very big problem for us.I think that problem solve will be this year. I Think ETH gas fee solve this problem and development in future and Update ETH.2.0.

What this high ETH gas fee has caused me, is not a small thing at all. The first experience is when I have to spend almost half of the money I realized from that coin due to that allow. Every single transaction now is above $10 which is too high for not only me but I think for others too. Cause have seen people talk about this on different platforms across. Something has to be done before the issue gets out of hand. It would be nice if we have something below $2. That will be good.

indeed there should be an update of the Ethereum network and useful implementations such as scalability, security, speed and so on.
therefore I am looking forward to Ethereum 2.0 because of its ability to staking or locking crypto assets into the network and being able to earn some kind of “interest” like a deposit in a bank. This staking process is claimed to be easier and suitable for passive income.

That happened before and I was assuming that ETH adjustment will be permanently but it's not, the value of gas fee is again too high
where small time traders are unable to deal with it. Most of those who have issue with fee are now switching to other alternative chain
they are not willing to lose their money with fee alone.

ETH needs to evaluate this again and try to adjust for much competitive gas fee.

There are many factors for this high fees like too many transactions and team is not responding like they need to do about this world wait for Ethe2.0 in London fork but nothing happen now we have some more frustration as devs are not responding as they have to talk about this issue if this is not solved in near future then surely peoples will be trying to have some alternative of this because recently we are watching few blockchains are coming, and their fees is low, and their features are also much better than Ethereum, so team must take some immediate action about these fees and give some better solution for users.

I thought there is huge changes after the upgrade but it was really disappointing as the fees were still high and it never encourages people to use ETH but instead of finding another platform that could offer low fees.
I'd never think about there is huge demand because if there is, then we also think that Bitcoin fees will also be high but it was not the thing we saw. Only ETH has that surge and honestly, it has become a burden to the user like paying $10-$20 depending on the speed confirmation of the transaction, it finds ridiculous.

It can be expensive because Ethereum feels this Altcoin is an Altcoin with a high level of interest and they feel it is a good Altcoin. Another reason I can't explain why the cost of ETH gas is expensive is because I, like you, are still looking for an explanation from people who know more about this.

From my understanding and experience of why gas fees are high is usually because of demand! If you remember the days of the crypto kitties gas fees were high because Ethereum network was constantly engaged and anybody that wanted their coins moved in the next block had to pay a much higher transaction fee to be the highest bidder so that miners could prioritize moving your coins and same thing happening now which is usually during peak hour but to save on fees try sending your coins during the late and early hours of the day,so if you are in no hurry try to take advantage of being the early bird to spend less on TX fees.

It's Ethereum blockchain and high gas fees is intimate to it. Imagine trying to by buy a token worth $50 and paying gas of $50. It's of no use and it has out me off dabbling in anything on that platform. Instead I look out for tokens with BSC or Matic cross bridging, these projects or platforms have low gas fees at least

Logically I can explain like this.

If we want to go somewhere by taxi, and there are only 10  taxi available, but who want to order and ride the taxi are more than 1000 people at that time, then what happens? of course the taxi will choose which of them can pay more for its services.

That's what's happening at the moment, ETH is being heavily used so the gas fee is very high. Each transaction will be processed if paying a higher fee.

411 gwei is the one that I've seen. I'm surprised to see that because while I'm checking on it, the highest was just around 50 gwei and after that moment a few minutes has passed.
It went high to 411 gwei and now it's back to 114 gwei. It is for sure tha it was made many erc20 tokens that clogged the network.

Fees are getting higher maybe because of Mining companies in China are being forced to suspend their operation and that could really affect ETH network. Well, this has been a problem since last year and that’s why many choose other network as an alternative, ETH has to do something about this one. If there’s no choice to use other network, then wait for the fees to go down a little.

I think it doesn't have to do with that. Fees are already a problem even prior to China suspending and banning crypto transactions. There's no choice but to wait for some deployments to fix the issue about fees. There are other networks too with low fees such as BSC, Kardiachain, Waves.

We need to be used on this from now. High fees will now be always on our regular transactions.

That might be the other reason but it's also quick to see that the fees have dropped just now. Lowest in the minutes that have passed was 61 gwei.
I'll stop monitoring it as it will always be fluctuating and it's usual.

Are you sure about this? I think gas fees were already high before the issue of China banned crypto mining. The number of transactions that are increasing massively probably can be one of the factors to trigger the expensive gas fees. But it is only my guess, not really sure whether it has a big influence or not, for the gas fee price. Well, let's just wait for what Vitalik and his team do, to deal with the expensive gas fees.

Don't think that the China issue had a big impact, but it played some part in the higher transaction fee. Even before the latest move from China, there were two separate instances when there were localized closing down of mining farms in two provinces (first Inner Mongolia and then Xinjiang). But the core reason for the high gas price is lack of scalability from Ethereum. The developers are not interested in finding a permanent solution and they always go for patchwork that lasts a month or two. Also, they now seems to have realized that most of the projects will remain in the ERC-20 chain, even if the gas prices climb to unmanageable levels.

A good example for this problem, more precisely when the demand is too large and the supply is not met enough, it will lead to the marginal criteria being activated.
But honestly I am always satisfied with what ETH has to offer, of course it cannot be perfect to satisfy everyone, but it is still a market leading product.

When the Ethereum network is experiencing a large volume of transactions, gas can become expensive. The number of transactions that can be included in each new block uploaded to the Ethereum blockchain is limited. Miners are incentivized to accept transactions at greater gas fees due to supply and demand.

Due to the fact that the cryptocurrency market is now everyday falling down or growing up and the prices of cryptocurrencies change because of this, and therefore cryptocurrency investors constantly make cryptocurrency transactions, and because of this, the price of gas on Ethereum blockchain is constantly growing, unfortunately, nothing can be done about it and you just need to wait for the moments when the gas price is the lowest and then you can make transfers through Ethereum blockchain, but we are also waiting for all the stages of Ethereum 2.0 to be ready, then perhaps the gas price will fall to the minimum values ​​that were many years ago, but for now unfortunately we need to be patient.

The reason is quite easy to know actually. We have said the reason many times so far. The main reason why gas fees are this high is the prices of course. Whenever the price of a coin increases at a high rate, it affects the fees also. People start demanding the coin too much and this causes the network to slow down also. And we witness quite high fees. Bitcoin and Ethereum fees are good examples for this.

I think it's because transactions are very dense at the moment because of the current DeFi Trend. And also because many projects build their contracts on the Ethereum network, for example BSC, Polygon, cello, and others

When the Eth price increased then the token price will increase and cause many people to be doing transaction, which can lead to congestion on the blockchain

Congestion of network due to many transactions which  often result to high cost of gas this is associated with Ethereum scalability, this issue had been lingering on for long and the only solution to it is an improved network ETH 2.0 which according to the developers will address the high cost of gas by drastically reducing it cost, however BSC Binance smart Chain offers a cheaper gas fee, an alternative for cryptocurrencies users to utilize the service of ETH high fee is becoming too expensive for small transactions.

The upgrade was there to make sure the blockchain would move on without having any backed up log, not really changing the price all that much. Don't get me wrong it should have helped the fee as well but it is not a permanent solution for it, it is a temporary one. At the early days when it happened the fee dropped a bit and it did cause the price of gas fee to be low, but then what happened? It gradually went back up as more and more people started to use it.

There is really nothing that we could have done to prevent it, that is how the system works. As long as people are willing to pay a lot of gas fee then the gas fee will keep going up. What people do not understand is that, if you or me or anyone in the world declines to pay too much, then the price will automatically fall, the only reason why it is high is that we accept it and pay for it.

Yes, it is right case because right now Ethereum facing too many transactions its case of high gas fees recently we have few updates that Ethereum developers working on this even very long time community waiting for Ethe 2.0, but it's taking more time than we were expecting recently we have some better featured and low fees blockchains which are also giving good competition hopefully after these devs also take this issue as seriously and bring some better and useful features for lower gas fees because still some good number of users having in this project, and they are expecting good work and positive return from them.

Logically right, way back when the price still cheap no one is concern with the gas fee but now that the valu is high the demand of lowering the fess is what most traders are asking, it will be adjusted if the developers see the needs but for now ETH team is still considering the fee is normal for the miners.


Congestion also play the role when the fees go higher, the more users to transact the congested the network will be.

It is not even just congestion, it is getting in line in front of someone by paying a lot more. Think about what would happen if concerts or movies or anything like that would just do it auction style but you have to be there as well. There are 300 tickets on sale and you have to be at the door and there will be in-live auction for the ticket prices, it starts with whatever the minimum amount they are willing to take and you have to pay a lot to get in, someone would eventually buy out every single ticket and be either the only one or they will resell for a lot higher.

Same goes here as well, you have to be going for that block, and if you are then you are in auction with everyone else to be in that block, if you pay a lot then yours will be fast and taken, if you pay low then you will not be taken and postponed and that is the thing that creates congestion which is why paying more to be fast is the main problem.

There is too much offered in Eth 2.0 but unfortunately there are no confirm dates of launching of remaining two phases of ETH 2.0. So we have to move with current high ETH price.


Even the gas fee is volatile just like ETH price. There are times in a day when gas price goes down and you can make a transaction at that moment. There is no confirm time of that dip, so you need to keep checking.

Honestly, we've been in this situation for quite a long time and there are no changes happen as we expecting to lower the gas fee after the fork but unfortunately, it remains high which is not really acceptable. I feel the sentiment of the people, for bounty hunters, and for the investors as well. And to move their coins to their controlled wallet or even converted to their preferred coins is not easy and they need to pay a few bucks.
May the increase of the number of transactions affecting the fees but supposedly this won't happen all the time, however, the fees become consistently high which feels no good at all.

please note that there is always an alternative. check the polygon platform to see if your desired token is listed there. OR you can check if the token is avaliable on solana, avalnche or tron and Binance smart chain. if the token is not listed in any of these chain. please iqnore the chain and look for quality projects on polygon or binance that is a little bit cheap for the transaction fees to charge. currently most projects move into polygon and binance

That doesn't matter if gas fee was too high at least you earned good enough to fund your holdings in a profitable ways.  Everytime price of ethereum and bitcoin goes higher with fees it will always continue to rise, depending on the percentage of transaction fee bracket. Unlike the old days, cheaper tx fees was still worry free but if small priced coins that we have will soon come up on that stage I guess we will also be concerned if fees itself will also become expensive.

Would assume you are new to cryptocurrencies and buying ETH at such a high gas fee surprised you the most. A few months back it was much higher than that and it is just something that comes along whenever there's a bull run. The amount of transactions per day volumizes and this increase puts a toll on the machines that compute for these transactions to be processed, thus causing for shortage and whenever there's a high demand and a low supply, a price hike happens. ETH 2.0 promises to solve this issue anyway, so I'm thinking we should just wait for this issue out until the fix arrives, what you said about profits and paying high gas fees may be true to you but not for others, so I wouldn't fully agree on that. That being said, an issue like this isn't something that you would be forced to deal with everyday anyway, so it's not like you have no choice or agency for when you would time your transactions.

if we get a comparable profit in trading, I don't think it will be a problem, but if we have tokens on the ethereum network, then this will be very heavy for gas fees. the best thing is to avoid using the ethereum network, what I have is an old token ICO time, for now many of the new projects are using the BSC network or polygon matic. or if we want cheaper, don't choose rush hour to transfer, because of course the fee will be more expensive

Not use again with erc20 coin right now because many bounties project pay me by using bsc coin, last payment from detective bounty coin convert and coin have removed to be bsc, just take fees using bsc about 1$ and more enough for swap coin on pancake and sent to wallet address to withdraw.

Eagerly awaiting updates to the Ethereum network to fix the gas issue. Until then, not much that can be done other than waiting to do transactions when fees dip periodically and making the most of those opportunities, or utilising layer 2 solutions.

Wow this is a good explanation for the high fee in Ethereum transactions but there are more to it. If this is the major cause, I think Ethereum developers would have gotten a better alternatives before now. There many reasons to the high price in the fee of Ethereum doing transactions. We can always look for more information for this reason from there platform.

High gas fee is caused by crowded transcations that took place on eth network, like the supply and demand idea. However, gas fee on eth will be much higher than the regular fee if you choose to prioritize your own transactions over the other other transactions on the network.

But if you'd like to pay low on gas fee then you should expect that your transactions to be slow, or wait if the gas fee dips.

even setting a lower Gas fee can make the transaction fail. even that will only make your ETH Gas disappear for free for failed transactions.
for convenience, always set the highest Gas for fast transactions. if you don't want to wait for a transaction that may be delayed even fail.

Gas costs are very high because so many people are using ETH and there is still no sharding in ETH. Once ETH knows how to take advantage of sharding, the costs will be lower and the network will be faster. No matter how many people join the network it will always be fast and cheap.

I'm also curious to see what improvements will solve their problem even if they successfully migrate to POS and how many bugs we will encounter during the migration as this is a very difficult situation for them. You can blame the NFT madness for the increased transaction fees, but what is the end result and how long will users be willing to pay for the higher transaction fees.

Whenever their is high Demand of Transaction at one single time then the network got conjuncted and ultimately result in very high fees it mostly happen when market is at Bull/green and here the one who provide the high Gas fees only their transaction will be successfully and other with low fees their transaction is failed but as we hearing the news about ETH 2.0 I think it will back to normal once again

maybe you are not the only one who has experienced this and all who transact with the erc20 platform will certainly experience it, and it seems that ethereum has not been able to change and reduce high costs as well as possible. You really have to be diligent in checking first before making erc20 transactions at https://etherscan.io/gastracker so you can find out when prices are really low, because if traffic is high automatically, high costs will occur too.

so it's nothing strange now that many are making sense that every transaction will be changed to cheap coin platforms such as BSC etc so that they can receive a value that is not too reduced due to high fees. there's nothing wrong with innovating and it's no longer a strange thing to do that even though you have to do several transactions. The important thing is that the goal will be achieved that what we get is not cut much because of costs.

ethereum has made innovations with the aim of reducing costs, at least starting to be able to match the past, but it doesn't seem to be able to be achieved because indeed very high transaction traffic results in obviously paying high fees, otherwise long queues can occur.
obviously what you say is true that small traders will be disadvantaged, but now we can innovate by using a platform that is cheap and widely available.

agree that ethereum should make changes as soon as possible because otherwise everyone will make changes to platforms that can indeed adopt low prices.
because there are already many other platforms that do that, it just depends on us as users, we must also be smart to take advantage of what is available.

LOL.. almost a year has passed since the ETH gas price climbed to sky high levels. And we are still debating about it. Based on my experience with the cryptocurrency sector, I would say one thing. If the developers really wanted to reduce the gas prices, then they would have done that already (like what happened in BTC, where we are witnessing extremely low transaction fee after Lightning Network became popular). The developers don't want lower gas prices, because it will reduce their profits. So they will give excuses and delaying tactics like ETH 2.0, but on the ground there will be no real change.

If you still not accepted with eth gas too high better move and change network coin like polygon or bsc, there still lower fees for swap coin on market and sending to other wallet, under few cent you can trade bsc or polygon coin but can't if you have assets in erc20 network. Now many new coin listing always use bsc network and they think many investor interested with BSC than eth.

Ethereum's pool are vigorously stacked. Actually like the market interest, in case there's an interest of exchange the charge will increment since there's just restricted. I likewise have exchange to make in Ethereum blockchain, but since of the charge and the exchange I needed to do isn't too huge I live this is a direct result of I make endeavors to make the exchange.

To conduct transactions on Ethereum, you always have to seize the moment when it can be done in the best way. This can be done when the market dies down a bit and there are not so many transactions that compete with each other on the price of gas.

Some time have good time with lower gas fees transaction using erc20 coin network but you have active to check ethgass transaction fees, when lucky maybe you only need $4 fees for sending coin but not recommended for swap coin on uniswap. You will pay more than $30 each transaction from approving until selling or swap coin there.

why gas fee is so high ? i can often see this phrase in the wallet , exchanges or some websites that i use and if you click on it , there is some explanations but i dont know if the explanations are all the same .
you will not feel good if you pay high fee but the token your converting has a small value but why did you convert it anyway and why not wait for sometimes because there are times the fee is smaller . just check it from time to time

Now i can sense that there's no really chance for ethereum's high gas fees to be reduced. Maybe this is the reason why there are some arising networks with less gas fees and is usable for all unlike ethereum which only rich investors can afford. But this is the nature of ethereum so there's no way we  can change that. According to a tweet by a crypto investor Lark Davis, ethereum's high gas fees is due to explosion of NFT market. This makes ETH basically unusable for all but only the richest users.

Understand simply because their technology is still limited to meet the needs of users.
However users still want it, and that's the cause of high gas fees, it's understandable to argue to get what they want :) , only people complain about it even though they also want to use.

maybe you are not at the right time when making transactions so you get high gas costs. it's best when making transactions Always pay attention to the right time when gas costs decrease to 32 gwei, because for now 32 gwei is already in the cheap category, because usually when experiencing high spikes up to 100 gwei even more than that. Well, it's best to find the right time when making transactions to make it a little more profitable.

High transaction fees on Ethereum network aren't a new thing anymore, Infact, most people transaction on Ethereum network this days are millionaires and don't really care about how high the fees goes, other guys have no choice and just learning to live with it, as for me, I can't remember the last time I did a transaction on the Ethereum network since the fees got so high, everyone is anticipating for the launch of ETH 2.0 and hoping it puts an end to the menace.

If you all pay attention to binance smart chain network, you will discover that fees on the network is also slowly rising, like for the first time as since I switch to BSC, this morning, I was charged a little above $1 usd for a smart contract transaction on network, I seriously hope BSC does not later in the future become as expensive as Ethereum currently is to transact on.

Now Gwei on the Ethereum network is at 60 to 70 Gwei with a transaction fee of around $13 more so it's still a big problem for some people who make transactions in very small amounts, this is what makes small traders unsuitable for using the Ethereum network so prefer a different network for the options.

If too many transactions are carried out by people, there will be less mining of ethereum, thus making transaction costs more expensive and bigger, a lot of demand will usually result in ethereum being higher in volume value, this is what causes expensive transaction fees, because both are not balanced on the value of sales and mining, as we often find from the results of other existing transactions.

It makes no sense to make a $25 purchase and then be expected to fork out an additional $25 - $40 transaction fee (call it what ever you like - it's just a transaction fee plain and simple) via ETH (so basically, you're buying the Tokens for double the asking price as if that's a good thing ?? ) ??

I believe the reason why the gas fee is high first is because of the high price of the ETH itself, especially in the bull run period. We feel it's high because the price in dollars is indeed high. Second, many DeFi projects based on ETH affecting the scalability and the network. More people using the ETH chain means more crowded the network, and the miners will choose the transaction with higher fees first. It makes the network become clogged. It becomes an unsolvable issue and it makes the fees higher.

the price of gas is too high. Now an average of 100 gwei is needed to complete a transaction relatively quickly. Of course, if the price of ETH was $ 100, the commission in dollars would be good. But this will not happen.

The high gas cost on Ethereum is indeed one of the serious problems that is widely discussed so that it becomes a complaint of many people in transactions. But for me, it's a natural thing and I feel the Ethereum footprint associated with high gas costs will also happen to BNB someday.
The high cost of Ethereum gas may be because Ethereum is a good Altcoin as an asset in crypto or there is something else I don't know at the moment.

Transactions using eth network do require quite a large fee, especially if we make transactions when demand for eth network is high/busy hours. then a little solution is possible from me. avoid transactions using eth network during peak hours. there are other factors that also affect the high fees on eth, namely high number of users who make transactions using this coin

When there is a significant volume of transactions on the Ethereum network, gas can become expensive. There is a limit on how many transactions can be included in each new block that is added to the Ethereum blockchain. Miners are rewarded for accepting transactions with greater gas prices due to supply and demand.

Actually it is a common thing to happen on the Ethereum network when the transactions start to get crowded in the network, because in the past it was just like that, only because the price of Ethereum is still very cheap so Ethereum network users are not so stressed when making transactions, because the fees are still very cheap even though the spending figures are still the same as they are today.

Every price determines quality, that's what the ETH network is all about. if you feel heavy there are many alternative networks that are much cheaper. we just choose at this time which is according to our capacity.

I'm on a few projects that initially started on ERC20 tokens then later changed to BSC network. The high gas fees for ETH and tokens have now become a good reason why many new smart tokens move away. Unless ETH solves this problem, they're going to bleed dry from the freshness of new tokens and become stagnant.

Yes, this is due to the density of transactions carried out by many people and also because the price of ethereum continues to soar higher. I think this is also very influential with gas costs or transaction fees that don't go down.
but for small traders, if you feel heavy with high gas costs, don't worry because there are many other methods that can be done to reduce the burden.

It's the nature of ETH when the price will high then the gas fee will increase. but they are chare exchange I can't accept it lots of project transfer with SOL and BSC and Matic and ADA just for high gas fee.

Every time the price of Ethereum goes up, the gas fee usually increases, perhaps because the Ethereum network is congested. I usually will be
patient waiting for the gas fee to drop, then I will make transactions on the Ethereum network. Or another alternative is to use BSC which is
proven to have a lower cost. So in the end, we ourselves have to decide which step to take, whatever our obstacles in the cryto world, there is
always a solution. Likewise with Ethereum gas fees that increase there is always a way we can take, the most important thing is that we don't panic
and stay calm in making decisions.

I think that the problem with Ethereum gas fees are in high price of Ethereum and slow and "old" blockchain. How much does a regular Ethereum transaction cost right now? About 0.001-0.002. If we take October 2020 price of Ethereum, transaction would cost 0.5-1 USD. But due to high price, it is 10 times more. People want expensive Ethereum and cheap transaction. That cant be like that.

You have mentioned an alternative - BSC. Its transaction fees are also growing. Quarter or two ago, transaction would cost about 20 cents. Today I have approved transactions that cost 57 cents. BNB is 8 times cheaper than ETH. When BNB would cost 3500+ USD like Ethereum, transactions in BSC network would cost 3-5 USD. That is not much cheaper than we pay for ETH right now.

Very well said, it's up to you now unless you have tokens that you needed to move and you don't have other option.

But if you are into investment and you can choose between ETH based asset to other alternative chain,
it's wise to use the other one while ETH still has this high required fee.

You are no longer stuck with ETH, BSC or other promising chain is now available. You can use it to continue your investment.

ETH network asks for too much if you are just a small trader, most of the time complaints ain't affect anything in terms of any changes
from the team.

ETH gas is very high during the emergence of the AMM market. An instant exchange market that uses gas costs as speed. It's actually very unfriendly, even though it looks like it's decentralized. High fees make many of us depressed. The core team must immediately fix this.

Ethereum's gas free is pretty much the same now I hope it will be much less soon but if it is then I will not use Arif Aryan because there is so much more I want to abandon it

Yes, transaction fees on the Ethereum blockchain are currently very high. This has been going on for several months. Maybe our problem when swapping for ERC20 tokens.
Estimated Transfer & Interaction Fees:
ERC20 Transfer: $36.69
Uniswap Swap: $112.90
Uniswap Add/Remove LP: $98.79
The current average transaction fee is: $11.85 Or with Gwei: 151 gwei
You just have to wait for Gwei to go low to be able to make transactions on the current Ethereum network.

It's not worth it if it's under that amount you've said. You have to be patient in waiting for the fees to be lower.
I won't also do any transfer until the fees drop to at least 50 gwei and I think that's acceptable for me.

Just look at the Gwei gas that is given at the moment from 134 to 135 and if we make a transaction right now with the cheapest fee of 10$ of course the cost we will incur is very high, especially if we use the DEX platform then it will only make you emotional, so it's better You set the time to make the right deal by looking at lowly Gwei.

higher transactions, crowded transactions, increasing-price of ETH, and all tokens, will also give influence to the gas fee. Because most people will be transferring their tokens or Ethereum coin to exchanges and willing to sell them. That is why the transaction is very crowded and needs a higher fee in order to fasten it. I also hate the way ERC20 tokens have very high fees, moreover more than a hundred gwei.
That is why many new coins use Polkadot or BSC platform that has a lower fee.

Ethereum gas looks fine so far and there's nothing wrong with it, because if you say it's very expensive, then how much should you Gas Bitcoin in one transaction so you can be grateful when you see the cost of Gas on Ethereum, and if you want something totally Free for that then make your own coin like Vitalik has made Ethereum in the past.

but often we see an increase in the price of ERC tokens also getting support from an increase in the price of ETH. whereas if ETH goes up we can see transaction fees also increase. although this doesn't happen widely, I see every increase in the price of the ERC tokens I own, it must be followed by very expensive Gas fees.

It is true.
The price of Ethereum also plays that factor why it had became expensive and it's because of it. But the time will come that the fees will be low again but we don't know when and maybe it's after this bull run.

Recently, to send an ERC20 token cost me over US$60. To complete a simple UniSwap trade can run between $60 and $100 for each transaction. This situation will be till eth 2.0. release probably. I think, can be wrong but... Number of transactions and other factors impacts and we cant do nothing now.

Yep we feel bad when the gas fee is too high, as a small time trader it is very expensive for me, I really can't move my ERC20 tokens to the exchange because of the high gas. I don't want to pay high gas fee for the small amount of tokens. I hope that someday the gas fee will go down even the price of eth is still keep increasing.

Sure, me too. I understand your situation now. Small amount of any token if send fee took big part of value. No other option than to wait better moment. I hope eth 2.0. will be done soon.That can make some changes probably, we will see.

The main reason why we pay high fees while making transactions with Ethereum is that the high increase in the price. After we see a big increase in the price of Ethereum, it is really inevitable to see fees rising. When this happens, people start demanding Ethereum at a really high rate. This causes Ethereum network to slow down highly and fees to rise a lot. Ethereum developers are working on it now and I hope that they can find a solution for the high-fee problem.

Trades in swaps really costs because there's a fee that has to be paid. But if that happens on a centralized exchanges, the fees won't matter a lot.
And the fees on transfers would matter.

Is normal for every one, when making a transaction and you get higher transaction fees some times your mood just change instantly and you might want to wait till the fee is down just imagine someone sending 40usd of ETH and the transaction fee is 27usd that's more than half of what you're sending. Ethereum gas fee will keep increasing as long as the price of ETH is high.. they are other networks out there

For ethereum network gas fees above $30 until $40 is normal and usually have that price for swap coin right now on uniswap or other dex exchange with ethereum network, if you think have higher fees using eth you can try with polygon have lower fees and using bsc still have normal under $1 as fees transaction, right now I quick from using erc network and keep use bsc for trading or swap coin.

Currently the Binance network or the polygon matic network is widely used, we can choose it to avoid expensive gas fees on the ether network. but unfortunately sometimes we still have our tokens in MEW, and like it or not we also have to use eth as a gas fee when transferring it

It's because the ethereum price is increasing and so the gas fee as well. The gas is really expensive now and there is nothing we can do.. you should pay the expensive gas fee if you really want to transfer your eth or tokens but if you have tokens in the exchange you can switch the network like BSC or Tron these network are the cheapest fees.

I think its because of the high demand but low on supply (miners). There's nothing we really do about it because it's intended to make sure that transactions will get through from the sender to its recipient, the gas fee will be much higher if you want to include your transaction within the next block. Choosing a low gas fee has its risk that your tx will never get through and I think nobody wants that to happen. I suggest that you choose your every tx to be included in the next block to have a priority and not to lose your funds.

This is what many people complain about today because Ethereum transaction fees are very different from previous years. this is due to a very large increase in the price of ethereum, I think this also affects the costs we have to spend in making transactions. but don't worry, for now I think it seems that ethereum transaction fees have started to decrease. but if you object to high gas costs, you can choose another solution by using the Bsc network or the Polygon network. all have solutions in digital currency transactions.

eth users always complain :) and it's true that now the gas fee has started to rise again after a few months ago it dropped quite a lot :)
but this may be considered by some people as a natural thing, considering that eth is currently in a bull run phase and now there are several projects that are loved, especially in the nft game that affects axie, which still has something to do with eth in transactions.
So, now I think something like this is normal and I also hope that eth 2.0 can fix this well

The high gas fees was supposed to be fixed with Eth 2.0, but eth devs have failed to deliver it this year and now we have to wait for maybe another year to get low gas fees on ETH which imo is a downside for them, I think the best way to for crypto adoption to go a-wire is when there's low gas fees on that chain plus it's UI friendly good enough for the average Joe to understand how to use it, Near Protocol offers all these, starting from low gas fees which cost just ~$0.01 per transaction and user friendly interface that an average Joe can understand easily e.g their Web wallet wallet.near.org (http://wallet.near.org), eth gas fees have become unbearable for the middle class people so personally have stopped using eth and switched over to Near Protocol, if you can't pay eth gas fees, then stop using eth assets  ;).

Because ETH only processes 13 transactions per seconds so the network becomes congested which requires more power from miners to validate transactions. ETH is a pain in the ass for small time investors or retail investors that is why there are lots of alternative blockchains today that offer fast and lower gas fees.

In other words, ETH sucks AF.

Actually the scalability problem of ETH was already solved by ETH's cofounder himself in the name of Dr. Gavin Wood but unfortunately, he already left ETH and made eth 2.0 with its name POLKADOT (https://coinmarketcap.com/currencies/polkadot-new/).

Scalability problems has already been fixed on Near Protocol with a 100k TPS, Polkadot is great no doubt about that but honestly speaking near Protocol has a more user friendly blockchain that is ready for the masses, starting from low gas fees, fast TPS and UI & UX friendly, sharding will soon go live on Near blockchain and its gonna be fucking epic.

I hate the fees so much. I did a transaction with a platform to swap/withdrawal and it has charged me 10x from the withdrawal amount that I should be receiving.
I've only received the lesser part and 10x was charged. This is crazy and annoying, I've felt bad and prolly didn't do the transaction but well, that's it.

Very high erc20 fees we have last months and when will be lower cant be sure. Still no eth 2.0. so we need to wait more,patience what else... Eth price rising so this is not surprise,

this is one of the main reasons why i've never used the ethereum platform again lately due to unreasonable gas costs. i'm avoiding that, i'm currently switching to a blockchain that i think is right. as in bsc, pollygon and phantom. I actively trade on the blockchain ecosystem there because it is cheap and also has a lot of potential coins.

Yes, there is a lot of gas on the Ethereum network right now. And this is very inconvenient when you are paying very high commissions. This suggests that the Ethereum platform is in high demand. And I think that in the future the situation will change and the commission will be much smaller.

Every increase in the price of Ethereum will always affect the amount of transaction fees that must be incurred by everyone, because this is a normal thing to happen even though ETH 2.0 is actually in the cryptocurrency

Gas fees are so high because ETH can’t handle the high traction. This is why I use NEAR now because it’s built for mass adoption so even when more people come to NEAR the gas fees and speed will not increase by much. It’s still relatively young and doesn’t have much hype but it’s been a top 10 grower last month and hit ATH last month as well. New projects are constantly dropping so I’d definitely recommend checking out the telegram and learning more about NEAR.

The current ETH increase factor has an effect on high gas costs.  I wonder when ETH applies low fees and is not affected by price?  if it can really happen, maybe I think it will take a long time because ETH will continue to rise

Maybe we would be seeing the after effects of London fork but it seems that there wasnt really some significant change but lets see if it would be that something to effect on future years to come considering the burning effect is still on progress and it might affect that gas would come low.Its been a while that erc20 gas fees are way too high which it isnt really worth on
making small transactions because fees are way too high and not really that ideal to make through.So its a personal choice whether you do proceed or deal with it.

If you are rich then gas fees in ETH is probably nothing to you but if not then i suggest you get off ETH for now and wait till v2.0 Atleast proof of stake is way cheaper than current situation Also try other chains as they might be more gas efficient than ETH I have quite spent more money than I made on gas but these days I only do whats neccesary

I dont think NEAR is tested enough yet, in the https://explorer.near.org/blocks , every block is only contains <5 transaction/ block, probably its need more stress to test it out. Compared to https://etherscan.io/blocks that every blocks is contains more than >100 transaction/ block.

what is certain is that there have been no significant changes for high fees, but now that ethereum is on the rise, it is certain that high cost events will continue. the presence of eth 2.0 doesn't seem to be able to guarantee that there will be a decrease later if at a time like this or the increase in ethereum continues until the end of the year.

so now it's not a strange thing anymore, erc20 has long been rarely used by new project creators. The goal is clear to make it easier if you have to make payments to investors or bounty hunters, which obviously costs a lot of money.
will erc20 be abandoned later? still exist and will not happen, because they are still in demand if you see that the market capitalization is still high.

I'm also waiting for this. On 5th August we found an update about the London hardfork for Eth 2.0. We can expect to see the Eth 2.0 final release on 2022.

Ethereum is for millioners now, haha  ;D
This is blockchain, don't you know how cool it is?
Bright future and long-waited financial freedom. Zero commissions, fast international transactions, complete anonymity... KYC? Just in some cases, when the big brother wants to be sure that this is you  ;)

There are still many end users who can pay that fees,

lots of big holders are inside ERC they are capable of continuing the use of this chain.

With the case of new creators/developers, they learned that there are many alternatives
now and to attract more investors, they need to provide what is best in terms of fees.

They just listening to what possible investors needs and capable, this ERC high fees issue
will continue seeing that the price of ETH still moving upwards.

Many crypto enthusiasts will agree to me that one major reason why Gas Fee in ethereum blockchain is too high is because of the fact that many transaction is happening within the blockchain that makes it traffic and so crowded.

If comparing Ethereum and BSC at this time(https://etherscan.io/chart/tx vs https://bscscan.com/chart/tx), we can see that BSC is busier than Ethereum. The problem is not only from how busy the network is, but i believe the capability of Ethereum isnt optimum yet, we would see better Ethereum after Eth 2.0 comes probably.

Gas fees are high because there is some much activity on the network. ETH 2.0 promises to change this but it’s been taking a while to drop. I can’t wait because when it does it’s going to be earth shattering but for now I’m using NEAR. I’d love to be able to use both NEAR and ETH since I love the NEAR network but ETH was my first love, I’m just not rich enough to use it. With that being said NEAR does everything ETH 2.0 promised and more so I’m happy just staying with NEAR!!

Like BSC, NEAR network is another chain built in top of Ethereum virtual machine EVM. The augmented fees with Eth make way to other chains to be well known/used beside Ethereum. And Ethereum realizes this problem and aims to solve it with the Eth2.0 which seems to have some difficulties to operate.
Personally, i use BSC and BTC for small transactions as it becomes cheaper.

the fees, the gas for transactions on the eth blockchain are really high, unsustainable just hope that with the arrival of eth 2.0 the situation will improve, in the meantime i am currently using other blockchains with more reasonable fees such as bsc and matic

The density of transactions that occur on the eth network makes gas costs on the eth network increase and that is why ethereum is now starting to perfect the ehereum 2.0 project which aims to increase the speed, efficiency and scalability of the ethereum network so that it can process more transactions and reduce congestion on the Ethereum network. just like you, now the BSC chain is an alternative that I also use to save on transaction costs that I do.

First, is the short-term crypto market crash as the price falls causing investors to make a lot of transactions on decentralized trading platforms causing GAS to increase in price. and If high gas fees still shock you then you are probably a crypto newbie this always happens when prices go up, if you see the market is all green then you may also encounter high fees , the number of users can also affect gas fees, the higher the user, the higher the transaction. I have been trading in crypto platform for many years so I feel this is very normal.

The more the price of ETH rises, the more transactions occur on the ETH network, this is what ultimately makes the gas fee on the ETH network high.
We as users can only accept that we have to be willing to spend more if we want to use the current ETH network. But don't worry too much,
because the ETH development team is aware of this problem and is trying to find a solution to reduce gas fees. One of them is by immediately
launching ETH 2.0 which is likely to solve the problem of high gas fees on the ETH network. We do have to be a little patient with this condition,
or maybe the other solution can be to try alternatives such as using BSC. But actually I always believe that the ETH team will do their best to
make the gas fee return to normal.

I would have to agree, I have $2.00 worth of token sitting in my wallet and had a token that is worth $20 if this is the Ethereum of old I can send that token to exchange with less than $0.25 cents,  but four days checking on the gas tracker it never goes down to $3, the lowest was $4 I don't want to add more Ethereum on that wallet, I prefer waiting for the gas fees to decrease, just lucky that price of the token I'm about to transfer is going up.

LOL! Near protocol isn't really that close enough or near to POLKADOT's power when its 100 parachains go live. Polkadot can do 1 million TPS and that's coming right from Dr. Gavin Wood's mouth. Polkadot is actually the blockchain against maximalism. No other blockchain can make ETH better except the creator of ETH himself (Dr. Gavin Wood).

1M TPS sample sources:
https://twitter.com/econoar/status/1260280979131756544?lang=en (https://twitter.com/econoar/status/1260280979131756544?lang=en)
https://cryptonews.com/coins/dot-polkadot/ (https://cryptonews.com/coins/dot-polkadot/)
https://www.fool.com/investing/2021/11/17/3-reasons-to-buy-polkadot/ (https://www.fool.com/investing/2021/11/17/3-reasons-to-buy-polkadot/)
https://financefeeds.com/polkadot-dot-solves-pain-points-but-scalability-to-1-mil-sec-is-not-live-study/ (https://financefeeds.com/polkadot-dot-solves-pain-points-but-scalability-to-1-mil-sec-is-not-live-study/)
https://www.deltecbank.com/2021/11/11/what-is-polkadot/?locale=en#:~:text=Because%20of%20the%20Relay%20chain,transactions%20per%20second%20(TPS). (https://www.deltecbank.com/2021/11/11/what-is-polkadot/?locale=en#:~:text=Because%20of%20the%20Relay%20chain,transactions%20per%20second%20(TPS).)

POLKADOT is just in its infant stage but already make it to the TOP 10 in terms of MARKET CAPITALIZATION since it was listed in the market last year. Additionally, it is one of most used blockchain already ahead of Eth in terms of Developer engagement:

Blockchain Developer engagement sample sources:
https://u.today/cardano-kusama-polkadot-top-list-of-most-developed-assets-ahead-of-ethereum-in-2021 (https://u.today/cardano-kusama-polkadot-top-list-of-most-developed-assets-ahead-of-ethereum-in-2021)
https://news.coincu.com/51738-cardano-kusama-and-polkadot-lead-ethereum-in-terms-of-performance-in-2021/ (https://news.coincu.com/51738-cardano-kusama-and-polkadot-lead-ethereum-in-terms-of-performance-in-2021/)
https://pvplive.net/cardano-tops-the-pack-in-terms-of-developer-activity-in-2021/ (https://pvplive.net/cardano-tops-the-pack-in-terms-of-developer-activity-in-2021/)

Sorry mate but i don't even see Near Protocol's name there.

Expensive gas is certainly affected by very high transaction volume, and I think the current highest gas is from Ethereum, I want to send tokens worth $50 but transaction fees are $40 so I cancel the transaction.

It is a really high gas fee sent on the Etheureum network. There has to be a prompt solution for this tough situation.

I prefer TRC20 transactions. Better than the Eth fees.
With more Tron adoption, TRC20 will be huge in the near future. New Defi projects (like the Ferox/FRX token) will benefit from the low fees and fast transactions offered by the TRC20 blockchain.

BSC is another good option. But, we cannot guarantee the fees will stay this low in the future.

Gas fee are high because the ethereum network is congested and there are many tx taking place.  The block size of ethereum is low compare to demand of transaction. If you must make a transaction on ethereum network, you may have to wait for a period when the gwei is low and that usually happens during weekend!

Many argue that gas costs are expensive because miners do a lot of tasks and verification so it costs money, I think this is a big problem if it can't be overcome then cryptocurrencies will die.

The more calculations (calculations) required to complete the transaction, the more gas is required to complete the transaction. And it should be noted that the gas fee is not constant, the fee fluctuates depending on network demand. Some of the main factors that determine the gas fee is the price of ETH itself, the complexity of the transaction, and the number of people transacting at the same time. Gas fees can reach US $ 100 or even more, depending on the time when you make the transaction. Therefore, it's a good idea to avoid Ethereum peak hours to avoid high gas fees.

Demands for fast transactions with high transaction volumes make gas costs expensive, as is the case with Ethereum which currently has transaction volumes reaching 1.7 T/PS so it takes miners with high specifications and this is what makes gas very expensive.

Besides having high prices, another reason for the large transaction fees in eth is because transactions are very dense at the moment. And it could also be because many projects are building their contracts on the Ethereum network, I think this is the complaint of many people transacting on erc20, but for avoid it we can also use other networks such as BSC, and Matic

In my opinion, every crypto that has a high price definitely determines its quality, for example, the Erc20 network. Density of transactions can also affect the high transaction costs. if you feel this is a burden because of the high transaction fees, I think there are many other alternatives that you can use. for example using a much cheaper network such as BSC, and polygon network. for now I think anyone would choose another alternative using a cheaper network.

maybe you are not at the right time when making transactions so you get high gas costs. it's best when making transactions Always pay attention to the right time when gas costs decrease to 32 gwei, because for now 32 gwei is already in the cheap category, because usually when experiencing high spikes up to 100 gwei even more than that. Well, it's best to find the right time when making transactions to make it a little more profitable.

Earlier I was I use to think that gas fee are being measured base on the smart contract congestion, and how busy the Blockchain is, where individuals willing have to pay for transaction upfront. But now I see it's way more than that, because the bsc smart chain is during really well when it comes to daily transaction volume which is rapidly increasing, but the gas fee is nothing compare to that of ETH, sometimes I think that's how the Eth Developers have just set it to be.

It's very rare to get a transaction fee of 32 gwei because the normal fee is above 50-80 gwei, I don't really compare the transaction fee prices when transferring token exchanges because I prefer selling tokens at a high price than waiting for a low gwei except for ETH transfers may need to wait to save fees transaction.

Indeed this is common in issuing ethereum gas transaction costs at that time, if ethereum continues to increase then the cost of gas will certainly be higher as it happens in bitcoin, so for now there are still other networks that we can do transactions and gas costs are cheaper than erc20, namely the BSC and polygon networks that are currently widely used by investors because the cost of gas incurred is very cheap, And I'm sure this network will solve your current problems.

it's true It's rare to get a transaction fee of 32 gwei , but it does exist and I've found it some time ago. but for now it's true as you said that the normal cost is above 50 to 80 gwei, and this is also high I think. but the solution is that we can do it by changing to another network such as Bsc and Matic

When Ethereum was developed, most likely they did not consider the possibility of such a heavy load on the network as it is now, + to this the price of the token has grown very much, which is the reason for such a high price for gas.
But smart guys have long come up with EVM, thanks to which you can avoid paying a lot of money for gas.  An excellent example of an EVM is Aurora, and which gas costs the same as in the NEAR blockchain, which is <0.01$.  Many Ethereum projects integrate EVM so that users can avoid paying huge Ethereum gas when using their application.  For example, you can find Aurora in DoDo, DeBank, Coin 98.

They are working on this. They will provide a node system which will probably best solution to reduce the fee. There is high load of transactions in etherium network dur to higg usecase.
Opensea and Uniswap transaction are here very large. Eth 2.0 can be partial solution but will not at all.

indeed, eth 2.0 is still one of the most awaited ones because with this update it is predicted that they can fix gas, which most people and ETH lovers are still complaining about.
But there is still no clarity about this and I feel that even though eth 2.0 is indeed launched, I don't dare to expect much because the gas will not decrease significantly I think

You mentioned that high gas fees are normal. I'm a normie coming into crypto, so my thoughts on this are different. The second I saw the gas fees I decided not to do any withdrawal/moving of ETH or any ETH-20 based coin. Non-starter.

I think of crypto/blockchain like a credit card processing network, so this is what I compare it to in my mind. To bring crypto to the masses and make it more mainstream as a currency, the gas fees will need to go down. I would like to see it cost less than credit card processing fees, which range between 2% - 3% per transaction. So for example if you buy a $20 item using a traditional credit card with fiat, the credit card processing (network) fee will be $0.40 - $0.60, and in some cases more because there is also a fixed amount included, so it could be as high as $1.00.

I would like to see a $20 online transaction made with crypto cost $0.10 to process. I am ready for this to happen; I am ready for cheaper online buying/selling, but the blockchain is not there yet.

Will ETH 2.0 (Serenity update - proof of stake model) get us there? How much will the gas fees be? Will it only be 50% lower than current gas prices? If so, this is not enough to make the ETH network mainstream, and more progress will need to take place.

I also look at polygon and would prefer to try to move coins on that, but so far I can't seem to find any wallet that actually allows this as an option, like its not supported. And what would the gas fees be on polygon as opposed to eth? How much cheaper?

if you are new to crypto, than you missed the train for ETH L1 usage, it was a thing of the past, and L1 is now for institutions, big players and L2 settlements
new people in crypto should try to use L2 or alternative L1 networks, if Ethereum is too expensive at the moment, then the amount of your investment does not need security level that Ethereum networks provides