(...)I guess this is a welcome update for the Ethereum users and it may reduce the gas fee further which is good because the high fee is the most criticized factor of the Ethereum network so now my question is how much the gas fee will reduce if the limit increased by 33%?
I don't really believe this will help reduce gas fees to a level that makes everyone happy, given the volume of usage across the ecosystem and especially if there is a large shift towards altcoins. Otherwise, network congestion will occur again, and confirmation fees will become challenging for many people. But in general this is a decentralized environment and acceptance is mandatory, still admitting that ETH's changes are also quite positive, I can ignore fees and accept that the profit that can be achieved is I ponder the reasons for holding ETH.