Is this the downfall of Ethereum?

[Giangphuong8489]

I think yes, because Eth also shows a price hike following an increase in bitcoin prices, on the other hand, many investors are hunting for ETH, will ETH continue to experience price increases until next year?

If ETH2.0 brings practical value to the crypto community, the need to own and use ETH will increase. At the same time large companies will turn to consider investing in Altcoins and ETH as their top choice. I believe that ETH price will continue to rise until early next year.

[Falcon]

I think yes, because Eth also shows a price hike following an increase in bitcoin prices, on the other hand, many investors are hunting for ETH, will ETH continue to experience price increases until next year?

If ETH2.0 brings practical value to the crypto community, the need to own and use ETH will increase. At the same time large companies will turn to consider investing in Altcoins and ETH as their top choice. I believe that ETH price will continue to rise until early next year.

Many of us are eager to wait for Ethereum 2.0 because of high gas fee. We are hoping that Eth 2.0 can help us to lessen our burden in gas payment. Nevertheless, investors will always support Ethereum due to the fact that it is potential and skyrocket.

[Review Master]

Many of us are eager to wait for Ethereum 2.0 because of high gas fee. We are hoping that Eth 2.0 can help us to lessen our burden in gas payment. Nevertheless, investors will always support Ethereum due to the fact that it is potential and skyrocket.

Indeed, everyone's looking forward to see the implementation of ETH2.0 so that we can do our daily trades or defi transections easily with a minimal fees. Instead of higher gas fees, more investors are still on Ethereum and some projects are shifting to others so that small crypto hodlers can use their services too.

[Muneeb22]

Downfall of the ETH coin is not coming still but i hope that soon in the crypto market we saw that the ETH coin touches the $10k and soon this will touches this value.

[Galaxy]

I think the way gas fees are going up is hurting small traders like us a lot. The price of etherium is going up as well as gas free and rising. Ethereum is still in the second stage in the crypto market. There is.

[Stuart]

I am also tired of waiting and spending a lot of money on transactions and unfortunately the Ethereum developers are in no hurry to do something about this problem, because why should they do something, because the price of Ethereum is growing and this brings them millions or even billions, so I don’t think that this year the price of gas will fall, so we have to wait for next year most likely...

If the developers of garbage projects are not satisfied that the price of gas is much higher than the cost of their tokens, they can switch to the Tron platform and Ethereum will not suffer from this, but will only benefit, since more demanded and efficient projects will remain on the erc20 platform, and the load on the network will decrease.

So, are you in support of the high gas fee which everyone is experiencing because of garbage projects? Every project has a purpose at the beginning, when they start having trouble with the ETH platform they'll switch. Look at BNB for instance, the price of that coin is going very high as it gets more popularity. When new projects start seeing the issues of high gas fee, they might have a change of mind. No one knows which coin will surge very high within a short period of time. The ETH team of developers needs to do something on this situation.

[Seerge]

If this condition continues, the Gas eth price is still high, so it is not impossible that more Ethereum tokens will become trash.  The reason is clear that many Airdrop and Bounty hunters who pay tokens of small value cannot sell their tokens.  And this is actually very detrimental for Airdrop hunters and Bounty hunters.

[Jaya60]

In fact I have analyzed Etherium Price and Gas Fees on all sides. Gas fees has more than doubled the way the Ethereum price has risen which is why small investors are facing a lot of problems. Because they are so gas fees they are likely to have huge losses.  So I believe if gas fees continues to grow like this but the popularity of etherium will gradually become much less.

[IyemRoker]

This was not the beginning of Ethereum's demise but it was the beginning of Ethereum's progress.
The reason is simple and very convincing for myself, namely Vitalik Buterin will not be possible to let Ethereum loose or die just because of the GAS factor.
Someday I am sure that Vitalik Buterin will develop an Ethereum that can reduce and reduce GAS in transaction fees.

[Noverteno]

Of course, this is not a crash, but big, but temporary difficulties in the ethereum network. Gas charges are now really high and we have to put up with it and somehow adapt in order to incur lower losses. For now, it is better to refrain from transactions of small amounts, the commission of which is now really unprofitable. Perhaps this way we will better prepare for the upcoming altcoin season, which we expect ahead. Now, on the ethereum network, it is better to sell only tokens that have reached high prices, then the high gas price will not matter much against the background of significant profits.

[Trumpet]

Ethereum's market has been down for some time but now Ethereum's market is in a much better condition. Because already but the price of etherium has increased a lot.  Hopefully Ethereum will grow like this in the future.

[Fenix]

I don't see any crash of ethereum. On the contrary, now ethereum is showing even much better price growth compared to Bitcoin. So, over the past week, the price of bitcoin fell by one and a half percent, while the price of ethereum, on the contrary, increased by almost 18 percent.
Also, in recent years, many have noted a decent reduction in gas prices, although not yet to the desired size. However, the ethereum network is being updated and its scalability is expected to increase 25 times in October.

[masudginanjar]

It is not the time to talk that Ethereum is going to fall into the abyss because Ethereum has something enormous from various communities.
Support, trading, investing, development, exchange etc. are all on the Ethereum coin and it is a feature that all cryptocurrency investors love.

[shadowdio]

Seeing the price of ethereum right now seems the downfall will never happen because ethereum still keep increasing and for sure it will reach $3k in the next days and about the gas fee seems it's getting lower, this is good news for ethereum fan like me, ethereum is back to normal.

[mrjoy15]

Seeing the price of ethereum right now seems the downfall will never happen because ethereum still keep increasing and for sure it will reach $3k in the next days and about the gas fee seems it's getting lower, this is good news for ethereum fan like me, ethereum is back to normal.

I'm starting to think $3000 can achievable in the upcoming days. ETH had a nice jump this morning but I guess it's just starting point. I have 1 ETH and waiting some miracles. we are not so far, and hopefully there will be no dip.