I'm getting tired of the high fees for gwei

[AmoreJaz]

An alternative approach is to consistently evaluate any cryptocurrency you intend to trade against other blockchains that offer more affordable transaction fees. It's worth noting that other blockchains such as Algorand and Binance Smart Chain also support NFTs, hence it's wise to consider trading on them, particularly when they have comparable or reasonable prices.

as you said, there are other networks that are offering lesser or cheaper fees. check the token if they are supported by these other networks. if not, and you feel you are stuck with eth, one thing you can do is check the eth gas tracker. and right now, the fees are indeed high. but in some instances, they are low. if the op can still wait, why not transfer the token when the gas fees are low?

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[smyslov]

The high fees of gwei in Ethereum transactions are due to the supply and demand dynamics of the network. When the network is congested, users need to pay higher fees to prioritize their transactions. The popularity of DeFi and NFTs has increased demand for Ethereum transactions, leading to higher fees.

If possible and there's another alternative I don't want to use Ethereum right now, the fee is quite high if you need to transact right away you will be disappointed that you did transact, you could wait but sometimes waiting could take 48 hours before you see gas fees going down and sometimes it might even go up, right now not only Ethereum, there's also congestion on Bitcoin my friend's transaction took 5 hours for one confirmation.

People should have an alternative whenever there's a surge of transactions or they will stick with the choice of proceeding with the transaction even if they are going to lose a lot.

[goaldigger]

The high fees of gwei in Ethereum transactions are due to the supply and demand dynamics of the network. When the network is congested, users need to pay higher fees to prioritize their transactions. The popularity of DeFi and NFTs has increased demand for Ethereum transactions, leading to higher fees.

Most of the projects under ETH network has a better chance of getting pump compare to other network, the only problem is indeed their ETH fees and even after the updates, there’s still no solution for this. ETH have to solve this, because other network might sees this as an opportunity for them to grab. The higher fees are because of the hype and congested network, and many left with no choice but to deal with it.

[Yamifoud]

An alternative approach is to consistently evaluate any cryptocurrency you intend to trade against other blockchains that offer more affordable transaction fees. It's worth noting that other blockchains such as Algorand and Binance Smart Chain also support NFTs, hence it's wise to consider trading on them, particularly when they have comparable or reasonable prices.

as you said, there are other networks that are offering lesser or cheaper fees. check the token if they are supported by these other networks. if not, and you feel you are stuck with eth, one thing you can do is check the eth gas tracker. and right now, the fees are indeed high. but in some instances, they are low. if the op can still wait, why not transfer the token when the gas fees are low?

The last option is to patiently wait otherwise, he'll be paying $10-$30. Upon checking today, I'd never see any changes on its fee, probably this will take so long before it drops again, and just like what it happened to BTC, the fee is badly increasing as well. Actually, this is the first that ever happen as I remember. I see before that the fee went high but that only it takes a few days before it was back to normal. Unfortunately, it is already a week or two where it was consistently high, really disappointing but we have nothing to do with this.

[Xal0lex]

The high fees of gwei in Ethereum transactions are due to the supply and demand dynamics of the network. When the network is congested, users need to pay higher fees to prioritize their transactions. The popularity of DeFi and NFTs has increased demand for Ethereum transactions, leading to higher fees.

Let's all say thanks to the useless meme koin PEPE, which littered the ETH network and made transactions at $70-100 again. Both bitcoin and ETH again show inadequate value when transactions are sent. The most popular blockchains are so cheesy and so expensive. Paradox. I wonder when PoS, which Ethereum has switched to, will already solve these eternal problems with transaction costs?

[Apocollapse]

You're wrong, DEFI and NFT aren't the reason why the Ethereum network fee is high, it's because of MEME coins e.g. PEPE and the friends. But this not only happen on Ethereum network, but in Bitcoin network too, those MEME coins are run in Bitcoin network, it's called as BRC-20.

I'm not really followed Arbitrum, but it said to be solve Ethereum's scalability. But if you're actually trade MEME coins which using Ethereum network, you have no choice.

[libert19]

These days it's meme coin PEPE not defi or nft. Until ethereum solves scalling issues I don't see a way out. When ethereum was at $4k, people were paying gas fees in hundreds, this is still much toned down.

Thats because od heavy usage happening now on some memecoin the eth network. Even sending tokens to exchange has needed tons of fees. Ive even spend $39 for a token just to send it on Binance hence if I used it on uniswap Id be spending more fees due to possible frontrun. But tou muat wait for it to cool down or used other network for now.

To avoid getting front-run use cowswap or use mevblocker. Anyhow, you don't pay extra if you get front-run but dexes like on uniswap you have to do two transactions first approval and second swap itself so you pay more.

[ultrloa]

The high fees of gwei in Ethereum transactions are due to the supply and demand dynamics of the network. When the network is congested, users need to pay higher fees to prioritize their transactions. The popularity of DeFi and NFTs has increased demand for Ethereum transactions, leading to higher fees.

Best not to do any transaction at the moment where transaction fee is so high so that you will not deal with huge transaction fee also the congested network which is happening these days. Better wait for the network became more smoother since this is the way you can find more convenience sending some funds on anywhere you want.

But for now its not ideal to send up something since maybe you might experience what other people experience where they don't have any choice but to pay higher fees just to make their transaction push thru.

[yazher]

I think it’s because of the recent meme coin craze which led to increased transactions on the ETH chain. It’s caused fees to be much higher than usual. I think the average gas fee is $45 right now, it’s ridiculous but it’s how it works. Maybe hold off on sending until the inevitable meme coin collapse results in less liquidity & volume.

This is the norm even in the last times when the NFT games are trending the transaction fees are crazy. even though they had already done multiple updates, it seems like they cannot remove this problem because they are obviously gaining with it and they taking some advantage of the users who don't really pay attention or who don't really care about it because for them those amounts are nothing and just some norm. That's why the other competitors are taking advantage of this but they seem having a hard time breaking the throne of Ethereum because until now they haven't managed to beat it in terms of price.

[fvb]

Of course, not only you, but also many users do not like it. At times, you can catch a smaller commission, but still not as much as you would like. Personally, I use other networks, but I forgot about eth until better times

[sana54210]

I think it’s because of the recent meme coin craze which led to increased transactions on the ETH chain. It’s caused fees to be much higher than usual. I think the average gas fee is $45 right now, it’s ridiculous but it’s how it works. Maybe hold off on sending until the inevitable meme coin collapse results in less liquidity & volume.

This is the norm even in the last times when the NFT games are trending the transaction fees are crazy. even though they had already done multiple updates, it seems like they cannot remove this problem because they are obviously gaining with it and they taking some advantage of the users who don't really pay attention or who don't really care about it because for them those amounts are nothing and just some norm. That's why the other competitors are taking advantage of this but they seem having a hard time breaking the throne of Ethereum because until now they haven't managed to beat it in terms of price.

I think there is nobody that gets a big benefit from this, aside from people who stake I suppose, but the foundation has no benefit from this and could definitely fix it if they could. In fact, it would help them a lot more if they could fix it, would give them a lot more donations if they can make some improvement.

However, it is not that easy, there is a balance that's needed between making it cheap/fast and making it secure. They could make it much faster, fast like SOL, but then it would have to stop even more, SOL has nowhere near the level where ETH has, and it got frozen so many times due to security reasons, when you consider that, you realize why ETH is not rushing into fixing this, it just doesn't make sense to put security in danger just to be cheaper.

[Rasa nanas]

yes it has become the law of economics, who pays higher will be prioritized. for now the ethereum network is not friendly for traders or airdrop hunters with small capital. Apart from the factors that you said the density of transactions on the ETH network is also due to the increase in users who swap or britge in hopes of meeting the requirements for an airdrop.

[GreatArkansas]

The popularity of DeFi and NFTs has increased demand for Ethereum transactions, leading to higher fees.
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But most of these big platforms on Ethereum are started to exist on layer 2 networks. Where it will help people to save a lot of transaction fees especially if you are not a whale. This is what I noticed also about using Ethereum mainnet and you got only a few funds that are in a transaction, the fees are too much high for you already.

[Similificator]

Welp, there's always the option to just stop using it or if you can't let go of it entirely, just hodl it and use other networks for transferring funds since there are quite a lot of other options available out there anyway. The only problem is if there are certain coins that you need to invest in on the Ethereum network or only accepts Ethereum payments. But then again, it won't matter if the investment is worthy based on your standards.

High fees are things that we just have to tolerate if we want to use the coin and its network in the meantime while also hoping better updates in the future that would lessen the fees and give better features.

[RussianEnglishTranslation]

The high fees of gwei in Ethereum transactions are due to the supply and demand dynamics of the network. When the network is congested, users need to pay higher fees to prioritize their transactions. The popularity of DeFi and NFTs has increased demand for Ethereum transactions, leading to higher fees.

Just use Shimmer or Q Blockchain, both have free gas fees.

[doomloop]

The high fees of gwei in Ethereum transactions are due to the supply and demand dynamics of the network. When the network is congested, users need to pay higher fees to prioritize their transactions. The popularity of DeFi and NFTs has increased demand for Ethereum transactions, leading to higher fees.

Best not to do any transaction at the moment where transaction fee is so high so that you will not deal with huge transaction fee also the congested network which is happening these days. Better wait for the network became more smoother since this is the way you can find more convenience sending some funds on anywhere you want.

But for now its not ideal to send up something since maybe you might experience what other people experience where they don't have any choice but to pay higher fees just to make their transaction push thru.

Yes, if the amount that you will transact is only small but if it's high enough? I don't think you will be bothered by the rise in fees. Problems like this in Ethereum is not new anymore so many of us are used to this.

Many of us are not whining and not complaining anymore but we can just wait, transact or change cryptos. Until now, the creation of layer 2 coins are still there. It is said to help solve the problems in the Ethereum network so why not make use of this? It's only crazy to think that Bitcoin fees are also surging and I don't think it's because of ETH or the meme coins as they are not on the same line. Maybe someone is sabotaging it? But for what reasons?

[Little_Sister]

yes it has become the law of economics, who pays higher will be prioritized. for now the ethereum network is not friendly for traders or airdrop hunters with small capital. Apart from the factors that you said the density of transactions on the ETH network is also due to the increase in users who swap or britge in hopes of meeting the requirements for an airdrop.

The ETH network has multiple purposes of daily transactions for exchanges, bridges, NFTs and more, so the most dense altcoin blockchain network for the number of requests and offers continues to increase every day, although there are already several other alternative blockchain networks but the amount of transaction density on ETH is also not decrease.

[wheelz1200]

The high fees of gwei in Ethereum transactions are due to the supply and demand dynamics of the network. When the network is congested, users need to pay higher fees to prioritize their transactions. The popularity of DeFi and NFTs has increased demand for Ethereum transactions, leading to higher fees.

Simple solution, stop using it or start fading off that platform and find one you like.  You aren't alone and there is space for new platforms to solve this issue.  I don't use eth because of that and yeah I might miss out on some opportunities but I never have to worry about spending just as much in fees to move something off lol. 

[cryptomaniac_xxx]

The high fees of gwei in Ethereum transactions are due to the supply and demand dynamics of the network. When the network is congested, users need to pay higher fees to prioritize their transactions. The popularity of DeFi and NFTs has increased demand for Ethereum transactions, leading to higher fees.

Who wouldn't everyone is now complaining of the high gas fees, not just ETH but BTC lately as well. And as far as ETH goes, we thought that when they to POS this whole high fee issues will be settled or at least minimized.

But with the whole Defi and NFT's is the other way around, transactions are clogging the network now and each and everyone are vying for their transaction to be first and so they don't have any solution but to increase the fees and so this is the result. The worst thing is that we are not even in the bull run, so expect that this is going to be worse at time goes time and we need them to come up with a good solution.

[Rengga Jati]

The high fees of gwei in Ethereum transactions are due to the supply and demand dynamics of the network. When the network is congested, users need to pay higher fees to prioritize their transactions. The popularity of DeFi and NFTs has increased demand for Ethereum transactions, leading to higher fees.

Unfortunately it still is. especially if there are many transactions made on the network, the gwei fee will really increase drastically. Currently, the average gwei fee is 80 gwei. However, this will be higher and will continue to change. Indeed, both the fees for the Ethereum network and also Bitcoin are currently experiencing a fairly rapid increase, so we have to sometimes worry about some annoying things, including the high fees even though we only send a few coins or tokens.