ETH high gas fee

[Alohadanc3]

Now a days ethereum gas fees is really high. And day by day it is sky rocketing. Few months back or year back the ethereum gas fees was kind of normal. But after this definitely and nfts come to the market the fees started to go high. Now it's hard to send small amount or small amount of token in ethereum blockchain. But i think after fully establishment of eth 2.0 maybe the fees will go down a bit low. But it's very important that people like ethereum their are lots of chains available and some of them are technically better than ethereum with very low fees. But people always support ethereum more than any platform or coins.

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[btc-facebook]

Ethereum has been known for a long time about high gas fees, and it has been popular with traders,
therefore traders are also reluctant to use Ethereum as a transactional tool,
just imagine sending $ 10 in fees which must be paid $ 1- $ 2 if the network is full.

Now the transaction fee can be more than $3, even though ETH Gas is below 100 but ethereum transaction fees are still expensive, this is because ethereum prices have risen quite high so that gas costs have also become very expensive even though they are lower than last November.

[Helpme_please]

Ethereum has been known for a long time about high gas fees, and it has been popular with traders,
therefore traders are also reluctant to use Ethereum as a transactional tool,
just imagine sending $ 10 in fees which must be paid $ 1- $ 2 if the network is full.

Now the transaction fee can be more than $3, even though ETH Gas is below 100 but ethereum transaction fees are still expensive, this is because ethereum prices have risen quite high so that gas costs have also become very expensive even though they are lower than last November.

as i know , if sharding already implemented in their new developtment it could decrease transaction fees ( if i didnt wrong with it ) for ethereum community its really be main problem now , and if compared to another blockchain they affraid there are many community shifted .

[HopeAlive125]

I think there should be a gas fees of Eth at one level. If I have some coins and I transfer them to the exchange, but my coins price is not more then ten dollars and  as i do gas fees more then  four or six dollars then What i gained.
there the gas fees depends coins price which i have in eth wallet. so i think that gas fees should be normal.

[Delisaara]

I am very sad to see the very high cost of gas, as a result of which many projects delay payment for bounty hunters, due to the very high cost of gas.  I personally really object to transactions with very high gas costs, hopefully this will end soon and gas costs return to normal. because conditions like this are very torturous for everyone including me who is only a minor player.

[TofuDefi]

It's not only about price of ETH, it's also about current network load and network's ability to process transactions.

That's right, it all depends on the current ethereum network. because ethereum is currently very crowded, the fees will automatically be higher. I still hope that ethereum 2.0 is able to solve this problem soon, because I think this is one big problem that should be resolved

Ethereum 2.0 is still in Phase 0 and I think it will take about year for them to enable payments. I suggest to use TRON until then for small payments. It has all features Ethereum has with much lower fees. It's very convenient for USDT payments for example.

[FaucetKING]

It's weird honestly that the developers of Ethereum are silent, 6 bucks per transaction is translated into "Network failure" and it clearly means that Ethereum might die if its users change their beliefs and adopt LiteCoin instead. It's not acceptable in any means that the network is asking for 6$ per transaction, people! it's 60$ per 10 transactions? what the hell is going on?

[kpierce77]

I am very sad to see the very high cost of gas, as a result of which many projects delay payment for bounty hunters, due to the very high cost of gas.  I personally really object to transactions with very high gas costs, hopefully this will end soon and gas costs return to normal. because conditions like this are very torturous for everyone including me who is only a minor player.

It's what it's and we also can't do anything in a situation like this. I just hope that ethereum 2.0 really does have a solution to this problem. sometimes fees are also unreasonable because the amounts are not proportional to the value of the transfer

[TofuDefi]

It's weird honestly that the developers of Ethereum are silent, 6 bucks per transaction is translated into "Network failure" and it clearly means that Ethereum might die if its users change their beliefs and adopt LiteCoin instead. It's not acceptable in any means that the network is asking for 6$ per transaction, people! it's 60$ per 10 transactions? what the hell is going on?

LiteCoin doesn't have smart contracts, so it can't be alternative to Eth.

[MishaSER]

It's weird honestly that the developers of Ethereum are silent, 6 bucks per transaction is translated into "Network failure" and it clearly means that Ethereum might die if its users change their beliefs and adopt LiteCoin instead. It's not acceptable in any means that the network is asking for 6$ per transaction, people! it's 60$ per 10 transactions? what the hell is going on?

Yes, I just checked and the gas is high again. This greatly affects my trading, I hope they will scale the system in the future.

[Hasan986]

At present it is much less than before. Ether fee was 6-7$ in 2-1 months ago. In fact, those who are transferring have lost a lot and Eth fee deducting in 1-2$. It would be nice if it could be reduced to 30-50 cents.

[Noman104955]

I was waiting for the release  of Ethereum 2.0 just and only because i thought it can return the ethereum  gas fee as it was before but i think i am wrong.Right now Gwei is around 60-80.I have lost so much fee because of high gas fees.Now i think gas fee will never be less.And right now cryoto market is green and there is no way that ethereum gas fee will be less as people will make more transaction.

[manfredmann]

As they say: Be happy =)

LOL, I think they are not happy now. This is the problem with the bullish trends because higher fees are being deducted in every transactions. We do not have a choice because the demand for the service of the miners is so high and that people whom doing transaction does not mind paying high fees in return to get a quick confirmation. I think sunday dawn time to do the transaction would be better and we can expect lower gas fees.

[loopes]

I was waiting for the release  of Ethereum 2.0 just and only because i thought it can return the ethereum  gas fee as it was before but i think i am wrong.Right now Gwei is around 60-80.I have lost so much fee because of high gas fees.Now i think gas fee will never be less.And right now cryoto market is green and there is no way that ethereum gas fee will be less as people will make more transaction.

Hey when you have checked that gwei or gas fee transaction of ETH up around. your comment is posted today but i just checked that the gwei is not that much. It is 24 gwei and the fee about less then 1 dollar.


about ethereum 2.0, i read that in this intial upgrade eth still have old problems sometimes like gas fee or etc.

[Shasha80]

It is very natural that ETH has a high gas fee, because the market is in a bullish trend so there are lots of transactions that take place.
And ETH 2.0 cannot be a solution in the near future, because it definitely needs some improvements so that ETH 2.0 can run as expected.
Now we can only be patient with the high gas fees, we can also use other coins that have transaction fees that are cheaper than ETH.
I am also sure that the developers team from ETH will soon fix the gas fee from ETH which is still high.

[Miaallen]

This ridiculously high gas fee might possibly be what will finally discredit the mass adoption the ethereum network has gained since a very long time. Although, ethereum 2 might address this issue of high gas fee, but if not, the upcoming projects might now be looking towards Tron blockchain to place their projects. And the existing ones might also start to consider migration of their projects to cheap and easily maintained blockchain.

[Justin999]

due to the bullish market, people come in this crypto market and start investment, someone do trading.thus the amount of transactions is increased even thousands of transactions happened within a second, thats really big thing.so miners are in demand for their service.well recently i transfer my token to exchange, onky need 40gwei cost 80cent. I think the problem is solve finally but can occurred again if the transactions hyip start again

[Abiky]

Now the transaction fee can be more than $3, even though ETH Gas is below 100 but ethereum transaction fees are still expensive, this is because ethereum prices have risen quite high so that gas costs have also become very expensive even though they are lower than last November.

Market conditions and network load will ultimately determine how much you'll pay on the ETH blockchain when sending a transaction or interacting with smart contracts. It's normal to expect fees to become higher according to the ETH blockchain's popularity in the mainstream world. The "De-Fi" hype is what has caused fees to soar all the way to the moon. Luckily, the Ethereum development team have begun the launch of ETH 2.0. It shouldn't be long enough before Ethereum becomes a full-fledged PoS cryptocurrency that will alleviate fee costs within the short term. But for fees to stay low, constant network improvements are necessary. I believe that ETH 2.0 + Sharding + Second-Layer scalability solutions will ultimately solve "high fee" issues. How long this will take to become a reality, will greatly depend on the community itself.

Nonetheless, there are a wide array of smart contract platforms with greater transaction capacity than Ethereum. Blockchain networks like TRON, EOS, Binance Smart Chain, and Zilliqa, have lower fees and blazing-fast transaction speeds. The only downside is that most dApps are built on the ETH blockchain, greatly reducing the aforementioned cryptocurrency's level of adoption in the mainstream world. If developers migrate their dApps from ETH to these Blockchain networks, then people would have a choice to select from one coin to another. Unfortunately, that's not the case as people are forced to use ETH in order to interact with popular "De-Fi" platforms. At least, high fees maintain ETH's level of decentralization. That's what ultimately matters if you want security/reliability/censorship resistance. Just my thoughts

[gaston castano]

Until eth versi2 is fully realized we will definitely see high gas continuously. this will stop when the post starts operating. but don't know the exact date, I have seen eth version2 run early last month but it seems like it is taking a while to fully run.

[Imran232]

Here is some reason for high fees. Now a days lots of crypto project comes in the market legit scam both. And they are coming on Ethereum based network. Because it is in hype its easy to creat and less charge also no need to verify contract to start a project because it has delay verification option. That is why they are coming and they are trying to send their fund to the users fast soo that they can get users trust. That is why they are aggreed to spend few bucks as a fee. Here is the main point lots of project comes and every second lots of transaction has. Made and when this transaction creat its need some time ethereum based network thats why they make option that who pays high fee his transaction made first. For this reason people pay huge fee and fee becomes high.