ETH high gas fee

[efxtrader]

even now ethereum gas is still high to make an ERC20 token transaction it takes 12$-30$
this is the problem for ETH blockchains that has not been resolved until now is the high fee even some projects are pending distribution because the fee is too high

That's true after the anticipated upgrade and implementation of EIP-1559 Ethereum becomes worst, the gas fees even on Ethereum token transfer is now more expensive than before, but besides that problem, Ethereum developers are boosting with pride that the network has continued to burn millions of dollars worth of Eth it seems that they don't care us the ordinary users. I hope more and more projects will bridge Ethereum to other networks such as BSC or Polygon so that the gas problem will be minimized.      

Currently many are working on bridge ERC20 to other blockchains. I also feel that after upgrading to EIP-1559 transaction fees are still high even above 30gwei with fees for swaps on Uniswap in the range of $50. Maybe the implementation of cheaper costs occurs after December

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[BitTraderCute]

even now ethereum gas is still high to make an ERC20 token transaction it takes 12$-30$
this is the problem for ETH blockchains that has not been resolved until now is the high fee even some projects are pending distribution because the fee is too high

if this continuely happen in eth platform , dev team will decided to migrate in other platform that have lower transaction fee. its been for months since unswap fee very high. soon or later if core developer didnt solve this problem i am confidence to said, other platform will take eth capitalization .

[retnoanjani]

even now ethereum gas is still high to make an ERC20 token transaction it takes 12$-30$
this is the problem for ETH blockchains that has not been resolved until now is the high fee even some projects are pending distribution because the fee is too high

We thought that the London hard fork will decrease the fees. But with the looks that we have in the market, there's still not that much effect from that fork.
We have no idea until when we're going to see the fee gets lower.

this is a series of long processes that ethereum does to get to ethereum 2.0
Later there will be several proposals made to regulate gas minimum transactions, hopefully they can be used to reduce gas fees which are too high. It seems that we also have to be patient, at least the gas fee has recently begun to be controlled.
the ethereum network is really strong, the ecosystem is wide, even the high fee gas some time ago was not enough to really bring it down. yes, ethereum still exists, hopefully further developments can really be used to control gas fees.

[Fatunad]

even now ethereum gas is still high to make an ERC20 token transaction it takes 12$-30$
this is the problem for ETH blockchains that has not been resolved until now is the high fee even some projects are pending distribution because the fee is too high

We thought that the London hard fork will decrease the fees. But with the looks that we have in the market, there's still not that much effect from that fork.
We have no idea until when we're going to see the fee gets lower.

this is a series of long processes that ethereum does to get to ethereum 2.0
Later there will be several proposals made to regulate gas minimum transactions, hopefully they can be used to reduce gas fees which are too high. It seems that we also have to be patient, at least the gas fee has recently begun to be controlled.
the ethereum network is really strong, the ecosystem is wide, even the high fee gas some time ago was not enough to really bring it down. yes, ethereum still exists, hopefully further developments can really be used to control gas fees.

It is gradually going down compared on few days where gas were too high.Honestly im not   really surprised that the recent London fork update didnt  really make such impact or able to resolved high gas  fee issue
but we know that effects cant be shown  in instant.Let alone for several months to pass  and also you could actually check out if  you  are really that eager to make transactions.
Gasnow.org is the site ive been  visiting whenever i do have some transaction but if the price is still high then i dont have any choice but to pay up.

[onecall123]

even now ethereum gas is still high to make an ERC20 token transaction it takes 12$-30$
this is the problem for ETH blockchains that has not been resolved until now is the high fee even some projects are pending distribution because the fee is too high

We thought that the London hard fork will decrease the fees. But with the looks that we have in the market, there's still not that much effect from that fork.
We have no idea until when we're going to see the fee gets lower.

this is a series of long processes that ethereum does to get to ethereum 2.0
Later there will be several proposals made to regulate gas minimum transactions, hopefully they can be used to reduce gas fees which are too high. It seems that we also have to be patient, at least the gas fee has recently begun to be controlled.
the ethereum network is really strong, the ecosystem is wide, even the high fee gas some time ago was not enough to really bring it down. yes, ethereum still exists, hopefully further developments can really be used to control gas fees.

Why is ETH gas still so expensive after London Fork? While we thought gas prices would drop, they have gone insane again. The update won't make any significant difference in normalizing gas prices. The purpose of EIP1559 was not to reduce gas fees. Even ETH2.0 is not about lowering user fees but increasing transactions per minute. It is annoying to pay more for gas, but few people are recognizing it.

[Baimovic]

Why is ETH gas still so expensive after London Fork? While we thought gas prices would drop, they have gone insane again. The update won't make any significant difference in normalizing gas prices. The purpose of EIP1559 was not to reduce gas fees. Even ETH2.0 is not about lowering user fees but increasing transactions per minute. It is annoying to pay more for gas, but few people are recognizing it.

I had thought that the London fork would affect gas prices at this time but it turns out that as you said there is no decrease in gas prices on ethereum even at this time when prices are correcting gas is very expensive on ethereum, could it be vitalik plans to reduce gas on platform transactions they? maybe you know info about it.

[NicNacCoin]

Yes we can see that the transaction fee of Ethereum platform has been increased much more than before. Currently, if you want to transfer a token, you have to pay a lot of transaction fees. There are a lot of people There is confusion and people are not able to transfer any coins properly. I think this is going to cause a lot of damage to the Etherium platform. Ethereum now forced Ethereum now forced Ethereum platform Is moving to the Binance Merchant platform. I think this issue should be resolved very quickly on the Ethereum platform.

[Suharti12]

I always monitor changes in the Ethereum Gas fee when I want to send tokens or make transactions, and if I don't think I'm profiting from the transaction then I will postpone it first. 
Because this is completely out of bounds, the high ETH Gas fees really hurt people who want to make small transactions.

[King Khaizan]

The high cost of ethereum gas fees is indeed very heavy and becomes a big problem for crypto users, the current high price of ethereum is also one of the triggers.

and I also thought,
Is it true that the high cost of ethereum gas fees is also caused by the transaction time? meaning that the best time to trade ETH is on a Saturday or Sunday—that's when gas prices are lowest. On the other hand, the least favorable times are Tuesday through Thursday, when the grid is busiest and gas prices are at their highest.

[Snappycoco]

It is really a big loss for small traders that's why BSC is getting strong. Right now even the EIP 1559 didn't solved the problem rather worsen it. In my country, we have this regulated exchange for crypto where they charge a fix 0.0072 eth for every transaction. Very ridiculous amount for just a transaction fee. Uniswap is even higher in some cases where a 100$ for a single transaction is deducted.

[cryptoknows]

In this age of technology, if you have to pay such a large gas fee, it is really avoidable. We see ether gas fee increasing and that is excessive. As a result, the others platform has improved tremendously. If it continues ether users will change their platform immediately.

I completely agree with you, the paradox of gas prices will never change, with a rise in prices or with a fall, gwei can always be incredibly high and there is no way to fight it. Most importantly, there are already projects that can replace the outdated Eth blockchain developing their own ecosystem. Near Protocol, thanks to its Rainbow Bridge, can connect Erc-20 tokens, which greatly lowers transaction fees, especially when used within the Near ecosystem. In addition, this is not one such project with its own blockchain that is trying to solve the problems of the Ethereum Network, which allows the market of cross-chain projects to develop and offer users the best conditions for using cryptocurrency

[Fredomago]

In this age of technology, if you have to pay such a large gas fee, it is really avoidable. We see ether gas fee increasing and that is excessive. As a result, the others platform has improved tremendously. If it continues ether users will change their platform immediately.

I completely agree with you, the paradox of gas prices will never change, with a rise in prices or with a fall, gwei can always be incredibly high and there is no way to fight it. Most importantly, there are already projects that can replace the outdated Eth blockchain developing their own ecosystem. Near Protocol, thanks to its Rainbow Bridge, can connect Erc-20 tokens, which greatly lowers transaction fees, especially when used within the Near ecosystem. In addition, this is not one such project with its own blockchain that is trying to solve the problems of the Ethereum Network, which allows the market of cross-chain projects to develop and offer users the best conditions for using cryptocurrency

Cross-chain might the good solution with high transaction fees, it gave traders and investors hope to continue using the system without worrying about paying a huge amount for transaction fees.

Though still in its early adoption and if succeeded many will take action and start using this system, but for those who are not aware another alternative such BSC is already available, devs are also using this system to handle issues with high fees, giving investors good option in choosing what chain to use.

[Anonymous100]

When will this madness end?
Who is willing to pay such amounts for a transaction?

According to data from www.coingecko.com, Today's Gas to ETH conversion rate is ETH 0.00312548. There is currently a circulating supply of 13.9 Million coins and a total exchange volume of ETH11,966,45830930, so there is a possibility that gas costs will continue to soar, be patient.

[dhemasm]

When eth price increases the gas fee also increase this is a natural way but I think they are developed their system may be gas fee is affordable.

Yeah but the current fee was really hiigh and does not make sense, Almost $3-$5/Transaction and doubled for interacting with any dApps while the others chain have lower fee. Basically the london fork will change it but looks EIP-1599 didn't change really much, The only hope it's upcoming Ethereum 2.0 Update, Let's wait and hope the will become much lower in the future.

[Insomnia family]

The situation gets worse when the price per coin gets higher in the market and one of them is Ethereum. we can see for ourselves that the price of Ethereum has reached its new ATH, and this causes congestion on the network and the transaction fees become more expensive. Many projects are starting to notice the negative effects of high fees, leading them to look for other options in the crypto or Blockchain space. Binance Coin's recent surge in popularity, tells us that people are getting tired of the high fees of Ethereum.

[Iranus]

When eth price increases the gas fee also increase this is a natural way but I think they are developed their system may be gas fee is affordable.

Yeah but the current fee was really hiigh and does not make sense, Almost $3-$5/Transaction and doubled for interacting with any dApps while the others chain have lower fee. Basically the london fork will change it but looks EIP-1599 didn't change really much, The only hope it's upcoming Ethereum 2.0 Update, Let's wait and hope the will become much lower in the future.

You know that Ethereum is not just doing business with ETH token, Rather it the main foundation for other altcoins too, Ethereum smart contract also host other ERC-20 based token, Non-fungible tokens and decentralised finance. so, I think It is not anything matter of concern, Not only Ethereum but also all coins transactions are increased gradually after the bull run. In the case of Bitcoin transaction fees for next block has risen, to around 30/40 usd, so it is very normal that the fee of ethereum will increase as well.

[Abiky]

Why is ETH gas still so expensive after London Fork? While we thought gas prices would drop, they have gone insane again. The update won't make any significant difference in normalizing gas prices. The purpose of EIP1559 was not to reduce gas fees. Even ETH2.0 is not about lowering user fees but increasing transactions per minute. It is annoying to pay more for gas, but few people are recognizing it.

ETH needs something more than a simple upgrade for fees to remain as low as possible. This is normal for a blockchain network that's widely popular in the mainstream world. We should give ETH some time before it scales for the masses. It's hoped that subsequent network upgrades will remediate the "high gas fee" issue. There are other cryptocurrencies with lower fees and faster transaction confirmation time anyways. So I don't see high fees becoming much of a concern since people can choose another blockchain network to avoid paying high fees and long wait times. Those who care about decentralization will choose Ethereum regardless of the issues mentioned before. Slow and steady wins the race, so I believe that ETH will remain as the "King of Altcoins" for a very long time. Just my opinion

[dhemasm]

Ethereum smart contract also host other ERC-20 based token, Non-fungible tokens and decentralised finance. so, I think It is not anything matter of concern,

And that's why it's the concern, NFT, DeFi or for the simple dApps was frequently Interacting with smart contract which is need to pay the fee and the current Ethereum Fee was really high and didn't any make sense, It's the main concern for Ethereum after last london fork didn't give any significant Impact. Lot of existing Project that using ERC-20 before was migrating to other chain like BSC, TRON and maybe soon ADA also Layer-2 Network too which is sign that Ethereum chain right now was obsolete.

Not only Ethereum but also all coins transactions are increased gradually after the bull run. In the case of Bitcoin transaction fees for next block has risen, to around 30/40 usd, so it is very normal that the fee of ethereum will increase as well.

Yeah you're right about that but the current Ethereum fee was really didn't make any sense, Rise more than 5x comparing to other chain that have same use case like Tron, Waves, BSC. For the bitcoin itself i don't really understand your point since it's have different use case in the first place, Bitcoin was used mainly for direct transaction while Ethereum was becoming host as you say for any ERC-20 Project which is making it more used frequently and the gas fee was the concern. Can you imagine some small trader like me that traded $10-$20 Value and paying $5 Gas Fee while BSC only need $0,3? From here we can see the gap and over time people will choose other network.

[iTradeChips]

The situation gets worse when the price per coin gets higher in the market and one of them is Ethereum. we can see for ourselves that the price of Ethereum has reached its new ATH, and this causes congestion on the network and the transaction fees become more expensive. Many projects are starting to notice the negative effects of high fees, leading them to look for other options in the crypto or Blockchain space. Binance Coin's recent surge in popularity, tells us that people are getting tired of the high fees of Ethereum.

For one, you are right when you said that Binance coin's popularity is the result of the issue with Ethereum. Many people are putting their money on Ethereum and got disappointed with the high fees so they try to pull it out and buy BNB instead. There is not much yet that can be offered with BNB but many are hopeful since so many have been investing to the many tokens that BNB has on its ecosystem. If someone made an app or game on BSC then people might just be jumping camp and root for BNB instead of ETH.

[NicNacCoin]

Ethereum is currently The transaction gas fee has increased so much that we are not able to transfer any token due to this gas fee when we try to transfer any token. To transfer a token you have to pay a transaction fee of 12 to 40 50 dollars. We don't have any dollars left in the last to sell the token by transferring the token with so much transaction fee.Thus if the cash fee is increased then people will now move from the Etherium platform to the unique platform. And there will be a lot of damage to the Etherium platform. So I think you know the importance of the Ethereum platform Transaction gas fees are reduced.