When will the Ethereum Gas Fee go down?

[Alert31]

It's so difficult to make a single transactions now under Ethereum blockchain. A very high gas fees are killing small investors and traders. But miners would love to see gas fees going to the moon because they benefited from it. However, this is not good for Ethereum in the long run, their users/consumers are suffering but their miners are enjoying this high gas fees.
Also, Ethereum competitors will surely grab this high gas fees opportunity. It's not good.
When will the Ethereum gas fee go down? Anyone knows?

[JeffBrad12]

It's so difficult to make a single transactions now under Ethereum blockchain. A very high gas fees are killing small investors and traders. But miners would love to see gas fees going to the moon because they benefited from it. However, this is not good for Ethereum in the long run, their users/consumers are suffering but their miners are enjoying this high gas fees.
Also, Ethereum competitors will surely grab this high gas fees opportunity. It's not good.
When will the Ethereum gas fee go down? Anyone knows?

Yes, that's why miners were preventing the implementation of ethereum improvement proposal 1599

This caused by miner can't earn the crazy fees again from the users

https://nairametrics.com/2021/02/07/miners-earn-a-whopping-3-5-million-per-hour-on-ethereum-network/

This time the tx fees are around $4 for ethereum tx and $8 - 10$ for the token transfer. Can you afford it? it's quite low right now dude. No one knows when the tx fees will decrease but it's likely the fees will sustain at this level until the implementation of EIP.

[bittick]

No one knows when the gas will decrease dude. Im also feeling bad to see that the gas price keep sustain. The defi platforms have been starting to get a lot of impact caused by the rising on ethereum gas fees.
I guess the miners like to see that happened forever lol
BSC already started to get more demand caused by people were moving to the BSC due to the high gas fees

[Furious 7]

Every hour the gas always changes with an estimated transaction of $5 - $10 so no one really knows when it will go down, but in my view, if the price of ETH is still soaring, gas will remain high so it is difficult for investors or small traders to make transactions with gas loading. This expensive, of course if we have a token there is no solution except waiting for the gas to go down. Moreover, if we swap at Uniswap some even say $50 more for one swap there is really very expensive.

[Baimovic]

No one will know when the price of Eth gas goes down, but considering the current market situation which is still bullish, especially the increase in Ethereum price itself which makes gas costs even higher. for a small trader like me can't do much to even send a small amount of tokens it costs $8 - $14 gas and it's very sad.

[Hawaii2020]

ETH is the project for the billionaires and millionaires who bought eth for $5.

If you are a smart investors you go in projects that are still cheap where YOU/WE become the millionaires and billionaires. And not just make the rich richer.

[Periodik]

Ethereum is still in the process of addressing this problem. The ETH 2.0 package was believed to be bringing with it the solution to this problem. As of now, high fees is still a problem with Ethereum.

As others have already said, we are just awaiting for the implementation of EIP 1559. This is said to be the one final solution to the problem of Ethereum users regarding gas. I hope this will really do the trick.

For more info about EIP 1559: https://medium.com/@TrustlessState/eip-1559-the-final-puzzle-piece-to-ethereums-monetary-policy-58802ab28a27.

[Kocret02]

It's so difficult to make a single transactions now under Ethereum blockchain. A very high gas fees are killing small investors and traders. But miners would love to see gas fees going to the moon because they benefited from it. However, this is not good for Ethereum in the long run, their users/consumers are suffering but their miners are enjoying this high gas fees.
Also, Ethereum competitors will surely grab this high gas fees opportunity. It's not good.
When will the Ethereum gas fee go down? Anyone knows?

Many opinions say that the high cost of Ethereum is due to the fact that the price of cryptocurrency has increased significantly. Whether this is true or not we do not know the truth, but it does concern the small number of ethereum owners as they have to bear a huge burden. So if Ethereum costs go down, it will certainly make Ethereum transactions stable and users will benefit

[kevinzxz]

It's so difficult to make a single transactions now under Ethereum blockchain. A very high gas fees are killing small investors and traders. But miners would love to see gas fees going to the moon because they benefited from it. However, this is not good for Ethereum in the long run, their users/consumers are suffering but their miners are enjoying this high gas fees.
Also, Ethereum competitors will surely grab this high gas fees opportunity. It's not good.
When will the Ethereum gas fee go down? Anyone knows?

you are right, because now gas fees from Ethereum are very expensive and I don't think anyone knows when gas fees from Ethereum will be low, therefore I also take the opportunity from the current situation to mining Ethereum and I think mining Ethereum is very profitable for now, so you can also take the opportunity to get profit from mining Ethereum at this time.

[Cornia]

None of us know when this madness will end. Even a small amount transaction now requires a fee of $8-9. It's too much for bounty hunters like me. If this continues one day ethereum blockchain will die. If the gas price is high, even if the minors gain temporarily, the end result will not be good. I would like to request the project owners to avoid ethereum blockchain for now.

[Handsome Boy]

It's so difficult to make a single transactions now under Ethereum blockchain. A very high gas fees are killing small investors and traders. But miners would love to see gas fees going to the moon because they benefited from it. However, this is not good for Ethereum in the long run, their users/consumers are suffering but their miners are enjoying this high gas fees.
Also, Ethereum competitors will surely grab this high gas fees opportunity. It's not good.
When will the Ethereum gas fee go down? Anyone knows?

gas fees from Ethereum will be low when only a few people use Ethereum blockchain, but I think it will be difficult to happen, because Ethereum blockchain is very popular and many people use it to make transaction, so I'm sure gas fees from Ethereum will remain high in the long run and I agree if mining is very profitable for now, but the capital to do mining is also very expensive, so not everyone can do mining including myself.

[udayantha11]

when the binance chain more popular the current jam on the eth network will be lower so can be better. most ico , new crypto based on eth so demand pressure is high. recently i have done transaction 50$ gone.

[gurunanakji777]

Currently Eth Gas fee is very high its not affordable for small trader when he will pay such a huge amount in Gas fee how can he save his/her profit by selling the coins its a big concern for those who hold ERC-20 coins at the moment. Yes, its not good for Ethereum in the long run otherwise most of the small traders or investors will shift to the Tron based chain on Dex based chain where fee is affordable. Even I also want to transfer my coins to sell but not doing transaction because of high gas fee because I am just a small trader and now waiting for Gas fee to be down.

[batang_bitcoin]

It's so difficult to make a single transactions now under Ethereum blockchain. A very high gas fees are killing small investors and traders. But miners would love to see gas fees going to the moon because they benefited from it. However, this is not good for Ethereum in the long run, their users/consumers are suffering but their miners are enjoying this high gas fees.
Also, Ethereum competitors will surely grab this high gas fees opportunity. It's not good.
When will the Ethereum gas fee go down? Anyone knows?

That's really the current problem that ETH is facing but despite the existence of the high fees, it doesn't stop from pumping and making other investors profitable from the current situation. I start to see the other coins competing Ethereum are also being chosen by other new projects to work with because they don't think that the high fees is sustainable for their project because as you've said, small traders and investors are suffering from the current fees.

[hd49728]

It's so difficult to make a single transactions now under Ethereum blockchain. A very high gas fees are killing small investors and traders.

259 Gwei to have average speed of confirmation is bad and I agree with you that it killed small investors or traders
You can check Gwei cost with:
https://ethgasstation.info/index.php
https://www.gasnow.org/
https://ethgasstation.info/calculatorTxV.php
You can use lower Gwei: 150 for standard transaction (Gasnow.org) and you might (or not) need to cancel your transaction or replace it.
[GUIDE] How to cancel or replace an ETH transaction (Metamask, MEW, MyCrypto)

However, this is not good for Ethereum in the long run, their users/consumers are suffering but their miners are enjoying this high gas fees.

Not much actually. DeFi in 2020 caused fee on ERC20 was high, higher than now but you see Ethereum is rising more and more, has its all time high. Ethereum 2.0 can help to resolve this problem (I wish and also believe in).

When will the Ethereum gas fee go down? Anyone knows?

Next one or two month with the condition that Ethereum will be corrected, DeFi will be corrected seriously.

[Kena Banned]

It's so difficult to make a single transactions now under Ethereum blockchain. A very high gas fees are killing small investors and traders. But miners would love to see gas fees going to the moon because they benefited from it. However, this is not good for Ethereum in the long run, their users/consumers are suffering but their miners are enjoying this high gas fees.
Also, Ethereum competitors will surely grab this high gas fees opportunity. It's not good.
When will the Ethereum gas fee go down? Anyone knows?

I dont think the fees will go down, all people are trying to have a fast transaction in Ethereum to trade DeFi coin from Decentralized Exchange makes the blockchain so busy at this time.
At least we need a solution or we need to wait until the defi hype going down.

[lobo13hf]

I can give you a clue but you can believe it or not, when you are wanna sending ERC or ethereum to the another address or exchange site and you must try to do that when the traffic from US become less.
Probably at the middle night of US time.
The majority of traders were coming from US and that makes the traffic is going so high at the day light.

The gwei will always decrease and i have been using it to determine which is the best time to send ERC or ethereum to the exchange site.
Yesterday the fees ever decreased to the 90 gwei. it's relatively small.

[Furryball]

Probably when the bull run is finally over? If Ethereum keeps growing higher the gas fee will keep increasing, I don't know what buterin plans to implement the EIP1559 that have been discussed many times already or maybe they have abandoned the idea too? Only whales will benefit here

[ven7net]

It's so difficult to make a single transactions now under Ethereum blockchain. A very high gas fees are killing small investors and traders. But miners would love to see gas fees going to the moon because they benefited from it. However, this is not good for Ethereum in the long run, their users/consumers are suffering but their miners are enjoying this high gas fees.
Also, Ethereum competitors will surely grab this high gas fees opportunity. It's not good.
When will the Ethereum gas fee go down? Anyone knows?

The situation with the commission on ETH is really alarming and makes the use of ETH and ERC20 tokens unprofitable for ordinary investors and users. A few days ago I watched a video in which one of the manners said that it is planned to increase the volume of the block, which may temporarily make the commissions lower, but after the commissions they will become large again. I don't know if this makes sense, but probably now we are seeing a very large number of transactions in the ETH network of large companies and funds, perhaps when they buy the required amount of crypto assets, the price of commissions on the ETH network will decline, but if so, then again nobody knows when this will happen.

[electronicash]

Probably when the bull run is finally over? If Ethereum keeps growing higher the gas fee will keep increasing, I don't know what buterin plans to implement the EIP1559 that have been discussed many times already or maybe they have abandoned the idea too? Only whales will benefit here

that might just be what they are waiting for before they will allow that EIP1559. the high fee is preventing small gainers from dumping the tokens they hold because the amount to pay is half the amount they want to liquidate. its pathetically funny but its what they have to endure. i bought worth $50 ETH just so i can have something to pay for the transaction going to exchange but it was never enough.