When will the Ethereum Gas Fee go down?

[mdzahed134]

The gas fee is high and for that no one knows when will eth gas fees go down. Almost ethereum users these days are complaining about the fees. The amount that you are buying or selling is less than the cost of fees. Let's hope there's a resolution to lessen the fees in the coming future.

many complain about the cost. especially those who saw the tokens or coins they earned for a small amount from a bounty campaign. most of the current bounty tokens are also experiencing a pump but not much can be done due to transaction fees which do not allow smallholders to sell them despite the high token price increase.

Exactly, i also think small investors & bounty hunters are the ones who suffer the higher cost Ethereum Network fees. They have keep patience when fees will less. I have 80$ worth of token in my wallet but it’s only listed one exchange UniSwap, and i need to 50$ fees to sell this token. Small tokens holders can't move their tokens due to unexpected gas fees.

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[ololajulo]

Lots of effort is put to replace ethereum and conquer the challenges of high gas fee,though some believe is also important for price movement in the bull market. BSC price reactions was as a result coming on swap of blockchain by many projects to overcome this challenge, same as Polkadots, Solana and many more but the adoption is very slow and may take beyond this market/year to see their success or rather compete with ethereum.

[Rexler]

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?

When will Ethereum gas fee go down? Maybe soon maybe nevermaybe try a new blockchain  , no one can tell when this crazy gas fees war will end, but Tbh it doesn't look good for Ethereum Network cause it will definitely get to a point when users will get tired of it and move to a blockchain that is faster with zero or no fees needed to perform any transaction, it seems eth now is for the rich people alone, small investors like us can't afford to pay those high gas fees.

[Billo_]

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

It has 2 solutions:

- if people are using Ethereum less
- if Ethereum 2.0 brings Ethereum improvements

And because solution 2 will take a very long time, we have to hope for solution 1.
It's a very sad situation. 

[VanDeinsberg12]

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

It has 2 solutions:

- if people are using Ethereum less
- if Ethereum 2.0 brings Ethereum improvements

And because solution 2 will take a very long time, we have to hope for solution 1.
It's a very sad situation. 

Many new projects still creates ERC20 token than trying to choose other smart contract platform. I don't expect the gas to go down anytime soon at this point, it's really annoying how there's solution with ETH 2.0 but implementation slow as snail while people losing money just to pay for gas fee. the frequent appearance of new dapps that burden the ethereum blockchain even more also just gonna make things worse.

[bakasabo]

You waiting ethereum have lower gas transaction fees like and the same with bounty campaign manager will distribution coin when gas under 10 gwei, how is possible when ethereum still have higher price but I can't debate because he is very stupid bounty campaign manager, if ethereum still above $1,800 very impossible we get lower fees gas service, forget with last two year where sending fees cheap because now high.

Who is this joker or a person that lives in 2018 ? List time I saw fees under 10 gwei was the time when ICOs were popular. This looks like another lame excuse not to distribute rewards. Fees will never be under 10 gwei. Bounty manager or project should have said in the very beginning that they will wait for such low fees before they distribute rewards.

P.S. Is this token traded anywhere? If it has a high price, try to offer to cover gas fees by yourself.

[Viscore]

It will happen sooner or later. That exactly when the ETH will drop but until such a time that it is still in the highs, can never expect to drop as we usually paying before the Bullrun. We feel mad and disappointed but we can never change it. What we gonna do now is to wait or converted it to XRP to save some fees. Some traders doing this and I am doing it as well.

Anyway, if we are not really in need of the money, better not to do the transfer now. I was holding then, I believe this situation will get over, just be patient.

[Alohadanc3]

It will not happen any sooner. I think it's will take more time. Like 6-7 months or higher. Cause there are lots of things we have to consider. And the first thing is miners or validators. Any update takes times when it's bigger like ethereum. But I think they are trying to do it as soon as possible. But at this moment ethereum has very high gas fees due to many people  are using it. Let's see what's next.

[torrantz]

It will not happen any sooner. I think it's will take more time. Like 6-7 months or higher. Cause there are lots of things we have to consider. And the first thing is miners or validators. Any update takes times when it's bigger like ethereum. But I think they are trying to do it as soon as possible. But at this moment ethereum has very high gas fees due to many people  are using it. Let's see what's next.

doubt it's gonna be 6-7 months forward, the team behind eth promised its gonna resolve in july but there's always the possibility of it being delayed I know. However, after the market correction it seems the eth fee has been decreasing maybe temporarily since we could hit another bullrun but right now is maybe if not the best is the second best time to send transaction since it's not some ridiculous 300 gwei per gas fee but just 100.

[cheezcarls]

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 know this feels mate. Even me myself, I’m just sick and tired of these terrible gas fees of Ethereum. Especially when the network is freaking congested, it’s really awkward to pay high gas fees in double or triple digits. Worse if we are going to use Uniswap either for swapping or adding or removing liquidity. I can see that there would be a decline in the number of users and projects running on Ethereum.

[CuriousGeorge]

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

It has 2 solutions:

- if people are using Ethereum less
- if Ethereum 2.0 brings Ethereum improvements

And because solution 2 will take a very long time, we have to hope for solution 1.
It's a very sad situation. 

Forget about the solution and you will never see that happen.

https://www.theblockcrypto.com/post/96316/ethereum-mining-pools-divided-eip1559

The biggest mining pool opposes EIP 1559. that brings a very high probability for EIP 1559 will be rejected by the miners. We know that if that mining pool has the biggest hashrate in the network.

[preikaler]

As long as ethereum still has a very high price, it is highly unlikely that gas fees will be cheap, while in this month it seems that ethereum will continue to grow and it may be that gas fees will continue to be expensive. Gas fees will go down if Vitalik and the team do something new on their blockchain

[Wildwest]

For now, the cost of ethereum gas is indeed very high so we are very burdened when making transactions, and now the dramatic decline in the price of ethereum has occurred and I believe the price of gas has also decreased, because the high price of gas has a very influential effect on the value of ethereum, especially last year the price was very high so that gas costs also increased, and the team also had to make changes to the blockchain network so that we would be comfortable again in making transactions without having to  incurring large costs.

[MadeMen]

I'm really still interested in knowing why we're still having a problem of high gas fee till now. It's been a while since we heard the ethereum 2.0 would be on board, but it seems to be taking too long to be completed. I really do hope that something is done about this issue of high transaction fee.

[ringgo96]

When the price of ethereum starts to fall, the gas costs that we spend later will also decrease, last year the value of ethereum was very high so that the transaction costs we spent were also very large so that many investors switched to using other networks, and in this month the value of ethereum has dropped drastically and the gas costs we spend later will definitely be cheaper, and this also has to be involved in the project because they are the ones who can do all that.

[smartaction]

When the price of ethereum starts to fall, the gas costs that we spend later will also decrease, last year the value of ethereum was very high so that the transaction costs we spent were also very large so that many investors switched to using other networks, and in this month the value of ethereum has dropped drastically and the gas costs we spend later will definitely be cheaper, and this also has to be involved in the project because they are the ones who can do all that.

Ethereum gas now already dropped. Today Ethereum Gwei only 18. which is charges only $0.30 for the ETH transfer and $0.8-0.9 for erc20 based token transfer. Which is comparatively much lower now. If the ethereum gas fee is like this then everyone can use the ethereum services very easily.

[fuer44]

still difficult to predict, especially the price of etherum is still above $ 1000. For large investors or project managers, the current gas fee may be very high, it doesn't really matter if the total assets owned still generate large profits. but for small investors or small traders, with the gas fee which is currently still high, it will be difficult for them to even pay the gas fee.

for bounty hunters or airdrop finders, it will also be difficult if they have 0 ETH in their wallet and when they get the distribution of tokens that have been converted to etherum, while to pay the fee, they don't have enough assets so it is very burdensome.

(as a crazy prediction, if etherum drops to a price below $100, maybe the gas fee will go down too)

[NewRanger]

When the price of ethereum starts to fall, the gas costs that we spend later will also decrease, last year the value of ethereum was very high so that the transaction costs we spent were also very large so that many investors switched to using other networks, and in this month the value of ethereum has dropped drastically and the gas costs we spend later will definitely be cheaper, and this also has to be involved in the project because they are the ones who can do all that.

Ethereum gas now already dropped. Today Ethereum Gwei only 18. which is charges only $0.30 for the ETH transfer and $0.8-0.9 for erc20 based token transfer. Which is comparatively much lower now. If the ethereum gas fee is like this then everyone can use the ethereum services very easily.

its good news for eth community especially for project developer which is want to use eth platflorm. Other smart contract also have problem with network , even solana network twice halted. Soon we will see alot new project build under eth platform , and hopefully most of them as potential project.

[Bitcoin2009]

The red market makes Ethereum transaction volume increase significantly, I used to send tokens with a fee of less than $3 but have sent tokens costing more than $5 for a few days, the problem of expensive transaction fees from ethereum makes many developers and users switch to other networks such as BSC or MATIC.