Ethereum gas price ridiculously high

[Bobcrypto]

It is very clear that the gas fees has no immediate solution, as the fees is always higher when the crypto market is pumping. I just think the miners are deliberately increasing gas fee ones the market is green, a situation that is even given  other networks the opportunity to grow. Since I can not use the Ethereum network due to high gas fee, I had switched to the Tron network, and all my transactions to other wallets, exchanges, are through the Tron platform.

[legend45]

It is very clear that the gas fees has no immediate solution, as the fees is always higher when the crypto market is pumping. I just think the miners are deliberately increasing gas fee ones the market is green, a situation that is even given  other networks the opportunity to grow. Since I can not use the Ethereum network due to high gas fee, I had switched to the Tron network, and all my transactions to other wallets, exchanges, are through the Tron platform.

I think I agree with you, Ethereum high gas fee didn't have good solution from Ethereum developer.
I think It will happen fo the next several years until Ethereum developer has good improvement for their project.
But I think it difficult.
Ethereum 2.0 is also not solution.

[tinakoya]

A couple of years have passed, and the issue remains unresolved. I spent $40 to execute a swap on Uniswap. Although there's optimism that the next upgrade will alleviate gas fees, we find ourselves still waiting. With a potential bull season on the horizon, the situation may only worsen.

[bitterguy28]

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.

This happens constantly   imagine the gas fees goes really badly nowadays because of ETH2.0 version ? yeah there are several times that we experienced gas problem but not that high as we have since 2020 .
so Was wondering if 2.0 do really helps the project and the users? or just  the miners?

A couple of years have passed, and the issue remains unresolved. I spent $40 to execute a swap on Uniswap. Although there's optimism that the next upgrade will alleviate gas fees, we find ourselves still waiting. With a potential bull season on the horizon, the situation may only worsen.

why still using the service of this currency when there are more options to use?
i wonder why we kept using them when we are given other coins to use for, because since i experienced that super high fees back years? I never used ethereum but yeah i kept my holding instead.

[Litzki1990]

Many investors are deterred from investing in the Ethereum platform due to excessive transaction fees. Ethereum itself knows that they have the problem of excessive transaction fees due to which many investors do not invest in their performance, they are working on this problem and trying to bring Ethereum 2.0 to the market. For a long time we have been hearing that Ethereum will bring 2.0 to the market but so far they have not succeeded. If Ethereum 2.0 successfully enters the market, the problem of excess transaction fees that Ethereum has will no longer exist and the number of investors on this platform will increase greatly. Ethereum 2.0 version will definitely work much faster than the current version and additional features may be added in the new version. We may have to bear additional transaction fees until the new version hits the market.

[tinakoya]

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.

This happens constantly   imagine the gas fees goes really badly nowadays because of ETH2.0 version ? yeah there are several times that we experienced gas problem but not that high as we have since 2020 .
so Was wondering if 2.0 do really helps the project and the users? or just  the miners?

A couple of years have passed, and the issue remains unresolved. I spent $40 to execute a swap on Uniswap. Although there's optimism that the next upgrade will alleviate gas fees, we find ourselves still waiting. With a potential bull season on the horizon, the situation may only worsen.

why still using the service of this currency when there are more options to use?
i wonder why we kept using them when we are given other coins to use for, because since i experienced that super high fees back years? I never used ethereum but yeah i kept my holding instead.

Well, there are some cool projects we flip on ETH and the profit outweighs the gas fee sometimes. I do use other chains but sometimes, we can't avoid it I guess

[tinakoya]

Many investors are deterred from investing in the Ethereum platform due to excessive transaction fees. Ethereum itself knows that they have the problem of excessive transaction fees due to which many investors do not invest in their performance, they are working on this problem and trying to bring Ethereum 2.0 to the market. For a long time we have been hearing that Ethereum will bring 2.0 to the market but so far they have not succeeded. If Ethereum 2.0 successfully enters the market, the problem of excess transaction fees that Ethereum has will no longer exist and the number of investors on this platform will increase greatly. Ethereum 2.0 version will definitely work much faster than the current version and additional features may be added in the new version. We may have to bear additional transaction fees until the new version hits the market.

I guess we just nee to wait and see if it get fixed, imagine how crazy the fees will get during bullrun and network gets extremely busy

[yohananaomi]

A couple of years have passed, and the issue remains unresolved. I spent $40 to execute a swap on Uniswap. Although there's optimism that the next upgrade will alleviate gas fees, we find ourselves still waiting. With a potential bull season on the horizon, the situation may only worsen.

It seems that what you are afraid of will happen, and it will probably be difficult to reduce gas costs even lower if the price of ETH gets higher, resulting in an indirect impact on gas costs. they have tried to make changes in order to reduce gas costs, but it is still not optimal. It can be realized well, but there is really no choice that can be made apart from the fact that many projects avoid using it because there are many other alternatives available.

[NikeFit_7777]

A couple of years have passed, and the issue remains unresolved. I spent $40 to execute a swap on Uniswap. Although there's optimism that the next upgrade will alleviate gas fees, we find ourselves still waiting. With a potential bull season on the horizon, the situation may only worsen.

So no one is forcing anyone to do x-actions. Absolutely everything is voluntary. I've had cases where I had to pay $45 for a single transaction.

P.S. Yes, yes, and it happened (because I could earn much more) than the amount per transaction.

It all depends purely on the involvement of the users. Do you think gwei just goes up for no reason? Of course not. As soon as there is activity in one or another network (on which you can potentially make money) then the gas fee goes up.

[tinakoya]

A couple of years have passed, and the issue remains unresolved. I spent $40 to execute a swap on Uniswap. Although there's optimism that the next upgrade will alleviate gas fees, we find ourselves still waiting. With a potential bull season on the horizon, the situation may only worsen.

So no one is forcing anyone to do x-actions. Absolutely everything is voluntary. I've had cases where I had to pay $45 for a single transaction.

P.S. Yes, yes, and it happened (because I could earn much more) than the amount per transaction.

It all depends purely on the involvement of the users. Do you think gwei just goes up for no reason? Of course not. As soon as there is activity in one or another network (on which you can potentially make money) then the gas fee goes up.

Yes I know it's by choice and ETH chain have loyal users. I also trade more on ETH and I have paid more than 45$ for gas many times, yes there are other alternatives but there's more sensible projects on ETH thus more users really and off course less jeets compared to other chains.

[MVL~$]

Ethereum's gas fee is currently slightly increased. A few days ago I was doing a transaction in Ethereum and noticed that its gas fee has gone up a bit. I think Vitalik will know about the problem. Hopefully he will take this issue of Ethereum into consideration in the future.

[NikeFit_7777]

Yes I know it's by choice and ETH chain have loyal users. I also trade more on ETH and I have paid more than 45$ for gas many times, yes there are other alternatives but there's more sensible projects on ETH thus more users really and off course less jeets compared to other chains.

I had to pay because there was an opportunity to earn more than (amount per transaction).  Therefore, I did not regret a bit and paid as much as I needed. Everyone has the right to choose the project that he likes the most.

P.S. For me, Ethereum is the basic cryptocurrency, + ecosystem, which I have been using for more than 3 years and will continue to use. What you do is entirely your choice. + I believe that it is ETH that will overtake bitcoin and become the #1 cryptocurrency (of the world). I guess you could say I'm a fanatic in that regard. 

[tinakoya]

Yes I know it's by choice and ETH chain have loyal users. I also trade more on ETH and I have paid more than 45$ for gas many times, yes there are other alternatives but there's more sensible projects on ETH thus more users really and off course less jeets compared to other chains.

I had to pay because there was an opportunity to earn more than (amount per transaction).  Therefore, I did not regret a bit and paid as much as I needed. Everyone has the right to choose the project that he likes the most.

P.S. For me, Ethereum is the basic cryptocurrency, + ecosystem, which I have been using for more than 3 years and will continue to use. What you do is entirely your choice. + I believe that it is ETH that will overtake bitcoin and become the #1 cryptocurrency (of the world). I guess you could say I'm a fanatic in that regard. 

Anything is possible I guess, any coin can get flipped

[salad daging]

Just now staking on the Ethereum network charges a fee of $40 per transaction, currently gwei is indeed high prices are rising or maybe the stakers are competing in the Eigen Layer which will close later tonight Feb. 9.

Even though fees are expensive on the Ethereum network, it is still the network that is most widely used by the community, they have staked a lot in their various ecosystems, no matter how much the fees are expensive, but they see the points that will be obtained in future airdrops with their new projects.

I bridged from ETH to Mode and ETH to Lio and then to Puffer the total fee on the Ethereum network was $85.

[Gurujebs]

Just now staking on the Ethereum network charges a fee of $40 per transaction, currently gwei is indeed high prices are rising or maybe the stakers are competing in the Eigen Layer which will close later tonight Feb. 9.

Even though fees are expensive on the Ethereum network, it is still the network that is most widely used by the community, they have staked a lot in their various ecosystems, no matter how much the fees are expensive, but they see the points that will be obtained in future airdrops with their new projects.

I bridged from ETH to Mode and ETH to Lio and then to Puffer the total fee on the Ethereum network was $85.

If there are people that are enjoying these ridiculous fees on the Ethereum are Validators because why will some pay such a huge amount for fees just to interact with a smart contract, Ethereum never gets better but the maximum security protection it get has made people like it so much.

There was Ethereum Dencun upgrade that took place this week, it was to surpress the gas fee on the main chain and the side chain and what I have learn so far from this is that if we are been honest with ourselves, Ethereum chain fees will never comes down as we want, if they ever comes down, then the layer 2 chains will be useless because why should I bridge my coins to another chain when my chain is literally low but it's because ethereum isn't cheap people are using layer 2. If Ethereum improve and reduce fees to a cent, many layer 2 will dead.