If you are not in a hurry, you can try to send on weekend. The network seems to be less congested around those days similar to Bitcoin.
Vitalik Buterin acknowledged the problem and proposed to implement the improvement of EIP-1599 - this is an increase in network bandwidth from 12 to 16 million Gwei. But I have little faith in this until they stop this madness with DEFI nothing changes
Yeah, it's DEFi that's driving this gas madness. Unfortunately, they (eth devs) can't do anything to stop the hype. EIP-1599 could be implemented but that wouldn't slow down people from sending with high fees dictated by the miners. I guess they (miners) are trying to reap all the rewards before the full transition to POS.
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Was any timeline given for this improvement because it's now a matter of urgency. This should have been anticipated on and this advancement should have been done when DeFi craze started.
Even if there's a timeline, don't expect them to be followed. Just think of many times eth 2.0 was delayed.
It is better if this thread continues to blow up so that it can be read by Vitalik Butterin.
If this thread goes down then we definitely can't see any progress towards cutting costs from sending Ethereum.
Lol. i doubt Vitalik even reads forums now aside from their local eth forum. He's getting plenty of criticisms on twitter too and that's more than enough for him.