Ethereum gas price ridiculously high

[Mrkadir85]

The market is going to be high the gas fee is regularly increasing day by day. ETH does have a community but it shouldn't be that Ethereum is also going crazy. All types of users will not be happy. If so much gas fee is required.

[MrSpasybo]

Please be patient, the problem comes from Ethereum's scalability, currently only 15 tps. As announced by the Ethereum #DevelopmentTeam , ETH 2.0 will launch at around 45 tps, which is three times faster than currently, meaning transaction costs are also expected to drop by three times.
In the future, the speed could be 6400 times faster meaning we will enjoy 100k tps

[Emircan]

it is back to normal congratulations investor

[Cristiano]

Currently the biggest problem is gas fees.  No one wants to sell tokens anymore because of the extra gas fees.  This has become a very serious problem. Everyone thought that the gas fee would be reduced after Ethereum 2.0 lunch.  But so far it has not been reduced.  If it is not reduced I think Etherium will suffer a big loss.

[vegasus]

Increase the price of ETH gas fee in straight line with the needs and the number of transactions currently being processed on the network. Indeed, recently the price of gas is very high compared to last year. Maybe this also has something to do with the coming of Ethereum 2.0

[anshor1]

Increase the price of ETH gas fee in straight line with the needs and the number of transactions currently being processed on the network. Indeed, recently the price of gas is very high compared to last year. Maybe this also has something to do with the coming of Ethereum 2.0

Yes, I also wait the Ethereum 2.0 affect. Because I see until now , the Ethereum is still so high. I hope Ethereum 2.0 will solve the gas problem. Many people also waited about it. Maybe we should wait and see the progress of Ethereum 2.0.

[Galaxy]

Gas fee is a threat to many projects. For those who have a lot of budget, gas fee may not be an issue. However, the budget of Ray projects is low, for them the tokens transaction on the ethereum platform is very inconvenient.

[IyemRoker]

The OP's hope relies heavily on developing Ethereum 2.0 to reduce transaction fees for Ethereum and this is almost everyone's problem with this.
I think this is indeed difficult to happen considering that Ethereum has now been changed to version 2.0 and maybe just a little less than before.
If I look at this, Ethereum 2.0 should further ease Ethereum transaction costs like in 2016 and 2017.

[nelson4lov]

I just tried moving some token from my wallet and realized gas fee is 275 gwei, how can gas fee be ridiculously high. What is making it so high everyday. I think if Vitalik don't do something about this, people will start dumping ethereum. This upgrade of ETH 2.0 better solve this gas issue.

I agree up till this moment eth transaction fees are something else, imagine asking for $90 to move a token worth just $24, that's ridiculous but what is the cause of this high gas fees? It's simple,whenever the Ethereum Network is overloaded or congested that's when you will start seeing high TX fees such as this, so if you don't need to sell or move the token urgently, kindly wait till the network is less congested, then you can use a low fee to move your token, and yes the ETH 2.0 which will soon be out is expected to solve this issue.

[Cutter Cute]

Ethereum 2.0 started on December 1 yesterday.
does Ethereum 2.0 really solve the problem of high shipping costs or not, have a look at the end of the year, the number of transactions on the blockchain is still solid because of the DeFi project, Will the developers do the Hardfork if the gas costs are still high, let's see what ethereum developers do in 2021

[robert20]

It is happening because the high demands. Many people is trying to trnsact at the same time which the Etherum blockchain cant hold. And developers are trying to solve but i eth2.0 also cant solve this until defi madness doesnt stop

[gqinyot]

It is happening because the high demands. Many people is trying to trnsact at the same time which the Etherum blockchain cant hold. And developers are trying to solve but i eth2.0 also cant solve this until defi madness doesnt stop

I think it is starting to stabilize recently. If gas cost is high, it will affect many projects as well as transactions. I usually want quick transactions in a few minutes but the gas fees often annoy me

[Zulema]

Although Ethereum's price is very high, Ethereum's gas price is still very high, making it difficult for many investors as well as new coins to develop. Why the gas fee issue has been mentioned for so many months but Ethereum has remained unchanged whether they no longer respect the users and the companies that are working with them

[Carbitcoin]

Although Ethereum's price is very high, Ethereum's gas price is still very high, making it difficult for many investors as well as new coins to develop. Why the gas fee issue has been mentioned for so many months but Ethereum has remained unchanged whether they no longer respect the users and the companies that are working with them

For some reason, there is no one answer from the ETH team, which initially stated that the first phase of the Ethereum 2.0 update will bring at least 100 times cheaper transactions and a bandwidth of 100,000. But apparently we have not yet achieved these results.

[debra]

As long as many people hold ETh and also transfer the token of 2020 to the other wallet exacting, This is good enough moreover about having a market cap of the volume. Is that so? The price of ETH is highly very pimp with that so many pumnps