Fees will be minimized after ETH 2.0 phase 2 upgrades have been implemented. It will be done within 2021 and in that phase, the shard chain will be connected with the beacon chain. Right now the fees we are charging is the same as it was before.
In a published update on Ethereum's Foundation last Nov. 4, Danny Ryan stated that "to trigger genesis at this time, there must be at least 16384 32-ETH validator deposits." This is equivalent to a total deposit of 524,288 ETH.
Currently, the deposit contract is now at 869,696 ETH or $ 529,183,925.16 in value. This is 60% higher than what is required for Phase 0 of ETH 2.0 to launch. Deposits are still pouring in as of the moment.
The launching of ETH 2.0 has also boosted the DeFi market as a whole. The congestion in the Ethereum network causing its transaction fees to spike is one of the hurdles in DeFi growth. But with the transition, fees will soon be minimized and this will increase DeFi adoption and innovation.
Goods news
ETH network just upgraded to its first phase of upgrade and its price is not near anywhere near its previous ATH level. So holding eth at this time will be a smart choice.