Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Topic started by: bitcoin-shark on December 05, 2024, 11:50:22 AM
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Have you also noticed how high gas fees are lately? $4 for eth transfer and also $16 for other erc20 token transfer why?
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Have you also noticed how high gas fees are lately? $4 for eth transfer and also $16 for other erc20 token transfer why?
For now, the fee to transfer eth is about 1.50 usd
You can check here
https://etherscan.io/gastracker
The reason is because of the bull market. Many people sending tokens everywhere, too many dex volume, and even eth transfers. Network is just congested.
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Yes, that's right, because the higher the price of ETH and the more crowded the Ethereum network, the higher the transaction fee will be and this is very common. and this is what makes ETH increasingly abandoned for network and blockchain selection because of its high fee. I see in the gas tracker, the transaction fee is around 22,197 gwei, and it will be much higher if the nominal token or ETH we send is much larger, it will multiply again. and now, we are starting to enter the altcoin season, it is better if you have ETH in another wallet or token with ERC20, then you should start paying in installments for the transfer, because in the future the transfer fee will likely increase even more.
Ah ya, I get the data from here, too:
https://etherscan.io/gastracker
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Yes, that's right, because the higher the price of ETH and the more crowded the Ethereum network, the higher the transaction fee will be and this is very common. and this is what makes ETH increasingly abandoned for network and blockchain selection because of its high fee. I see in the gas tracker, the transaction fee is around 22,197 gwei, and it will be much higher if the nominal token or ETH we send is much larger, it will multiply again. and now, we are starting to enter the altcoin season, it is better if you have ETH in another wallet or token with ERC20, then you should start paying in installments for the transfer, because in the future the transfer fee will likely increase even more.
Ah ya, I get the data from here, too:
https://etherscan.io/gastracker
I think that you also create an excellent comment in your post. I am also agree with your best valuable opinion. Because we know that ETH is one of the best profitable crypto in cryptocurrency market. But we also see that ETH gas fee is also large in this time. So i believe that it’s the best problem for ETH users. Because when we transaction in others exchange or wallet, we also face in large fee on ethereum transaction. So i believe that within a short time ETH fee will decrease for all users.
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Have you also noticed how high gas fees are lately? $4 for eth transfer and also $16 for other erc20 token transfer why?
Because there are many tokens are getting listed on decetralized exchanges and in order to trade them people are spending ETH as fee and buying and selling with time this has congested the network more so the fee is high. Other than this explanation ETH fee can be high because of high ETH rates.
I did not saw $16 fee on any ETH product but sending ETH from wallet to wallet is still cheap than BTC and worth it. Gas fee won't be a problem for long time beacause with advance methods they are trying to reduce the fee too.
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Have you also noticed how high gas fees are lately? $4 for eth transfer and also $16 for other erc20 token transfer why?
I remember during the last bullish season, even Ethereum gas was up to hundreds, I don't know how to track Ethereum gas history, but at that time it was really too high. In fact, I just let my ERC20 token rot in my wallet because it was not worth it to be transferred to exchanges because of the high gas fee at that time. Hahaha, and now, the gas fee has started to increase. Usually, it is still below 10gwei, it's just that, since crypto started to start bullish, the gas fee has also increased.
I agree with some of the comments here, because the more transfer activities on the blockchain, and also network blocks, yes, the transfer fee is getting higher. And oh yeah, but this is starting to get better than last season, even when the price of ETH had started to reach $ 4k, it turned out that the gwei gas fee was not that high, up to tens or hundreds. So, if you still have ETH or Ethereum tokens, it's better to transfer them immediately before they go up even further.
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It's no wonder that the price of ETH is now bullish and wants to reach ATH again. The price of ETH broke through $4k again and of course the fees will be more expensive.
The surge in transactions is also increasing, so it takes a lot of fees to be able to execute the transactions you make.
I'd rather stay quiet and wait for the gas fee to go down to get a normal gas fee, but if you're making an important transaction and it's worth thousands of dollars, the $4-$16 fee is even a small fee.
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Wait until some protocol that generates high demand appears for a few days and you'll see how much the rates can go up hehehe
The last time I saw a spike on the ETH network was on EigenLayer where I spent around 30 to 50 dollars to make 2 transactions hehehe
And what's more, it wasn't worth the return :(
Transfer ETH is not so expensive.
Try to approve a spend, do the swap and a smart contract, you'll probably spend more than 10 USD ;D
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Recently for sending eth or erc20 coins not take much fees based on OP experienced, here my recently checking at etherscan and looks friendly for fees transaction by sending Ethereum or any coins with ERC20 network. You only spend $1 to $1,5 regarding your kinds transaction as low, average and high depend how faster sending transaction you take.
But need much fees for swap, NFT sale until bridge by using erc20 network, you can wait at the early morning usually have moment with fee of ethereum transaction most cheaper than usually. Right now gas fees around 12 gwei and looks too high than usually taken under 10 gwei and spending small fees for transaction.
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Have you also noticed how high gas fees are lately? $4 for eth transfer and also $16 for other erc20 token transfer why?
This is the lowest I have seen during the bull run or perhaps the one you saw when you check etherscan. The transaction fees are not stable, they fluctuate which is depending on how busy the network is at that time, if the network experience surge in transactions, the fee automatically increases and the same when the network is low with transactions.
There is increase in Ethereum price recently and surge in erc20 tokens too, you should expect the network to be busy as people move their assets from one wallet address and to another and subsequently increase in transaction fees. It will go lower if the network becomes less busy.
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When talking about Ethereum gas fees, it's better to talk in gwei instead of dollars, having Ether price increased lately makes gas fees in dollars naturally higher even if in gwei measurement remained same.
Back in 2021, Ethereum gas prices peaked to hundreds gwei, that was insanity, what's mentioned in op is still normal.
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But need much fees for swap, NFT sale until bridge by using erc20 network, you can wait at the early morning usually have moment with fee of ethereum transaction most cheaper than usually. Right now gas fees around 12 gwei and looks too high than usually taken under 10 gwei and spending small fees for transaction.
The average gwei is now 14-15 in my opinion it is still high if you want to do swaps or bridge assets from ETH to other networks this is quite burdensome for those who will do small transactions.
At the moment there may still be no solution to lower the gwei except to wait so that when we do it immediately.
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The average swap fee is $24.23 while the current highest transaction fee is 18.672 gwei or less than $2. So I think the long term fees problem still exists in Ethereum and the move to POS has reduced the impact of high fees but it has not solved the problem completely.
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The average swap fee is $24.23 while the current highest transaction fee is 18.672 gwei or less than $2. So I think the long term fees problem still exists in Ethereum and the move to POS has reduced the impact of high fees but it has not solved the problem completely.
Dex are very expensive in ethereum ecossytem
I see 2 reasons to use them. To buy coin which you can't buy in any cex (basically for free instead of 25 usd).
And the other reason is to have more privacy , and to avoid taxes...
Other than that, those eth dex are so expensive that it comes hard to use them.
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The average gwei is now 14-15 in my opinion it is still high if you want to do swaps or bridge assets from ETH to other networks this is quite burdensome for those who will do small transactions.
Cheaper fees are welcomed. That being said, just like consolidating inputs on Bitcoin, I don't swap my tokens to other chains unless it's more than $100. Even on L2, the contract fees are expensive IMO, it doesn't help that the market is booming with activity right now. I don't think it's possible to completely remove this congestion issue. They should definitely figure out how to make smart contracts execution cheaper at least.
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Dex are very expensive in ethereum ecossytem
I see 2 reasons to use them. To buy coin which you can't buy in any cex (basically for free instead of 25 usd).
And the other reason is to have more privacy , and to avoid taxes...
Other than that, those eth dex are so expensive that it comes hard to use them.
Yes it is
You have to get the tokens first, let's say from a CEX, so you have to pay the withdraw
After that you have to approve > Swap
It's 3 txs and 1 contract - probably more than 10 USD right now in these 3 txs
With low amount of money, it's not worth, maybe if you'll deal with 10k or more it's worth
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Have you also noticed how high gas fees are lately? $4 for eth transfer and also $16 for other erc20 token transfer why?
ethereum gas fees are notoriously high all the time a few times where it is even higher than bitcoin’s transaction fees but if it is unusually high these days it is because of the market generally doing well
ethereum is seeing a lot of greens and its price has gone up so it is not surprising that the gas fees are also increasing due to the increased amount of activities
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ethereum gas fees are notoriously high all the time a few times where it is even higher than bitcoin’s transaction fees but if it is unusually high these days it is because of the market generally doing well
ethereum is seeing a lot of greens and its price has gone up so it is not surprising that the gas fees are also increasing due to the increased amount of activities
There is a demand in NFTs recently on open sea, and we know the damage NFTs done to ethereum network with fees in the last bull run, they are now in actions again which has resulted in increasing fees of these NFTs. You can imagine someone that is holding into NFTs they bought high and are just waiting for a perfect opportunity to offload them to another person so they can get back their money.
The best way to avoid ethereum fees is to play around with other layer 2, Arbitrum for example has a very low fees but I can't guarantee about the security of the bridges, a lot of hack has happened in the past and proves not to be safe.
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I looked at the gastracker site (https://etherscan.io/gastracker) and today the price is averaging $.7 which is to me not too high considering that Ethereum made some great moves lately and yes also not so low compared to other blockchain platforms in the market. Gas fees are always expected to go up when there is a good level of activities happening in the platform which can result into congestion. I remember that year when transaction cost in Ethereum was a high $50...what is happening now is already a bargain but still to be honest we need to lower them some more though there is nothing we can do but just shrug and sigh when there is a need to transfer anything under the Ethereum brand.
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I looked at the gastracker site (https://etherscan.io/gastracker) and today the price is averaging $.7 which is to me not too high considering that Ethereum made some great moves lately and yes also not so low compared to other blockchain platforms in the market.
Wow, this is really high, or maybe the larger the number of tokens or coins also have a higher value. But indeed, because the more active the network id is, the higher the transaction fee on the Ethereum network, and so is the conversion, including high. Even when I saw the data at https://etherscan.io/gastracker, it was currently around 23 to 25gwei. It's quite high, even though when it was still bearish, it could be below 10 gwei. Moreover, if later the price of ETH continues to rise and reaches the real altcoin season, it will definitely rise again.
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I looked at the gastracker site (https://etherscan.io/gastracker) and today the price is averaging $.7 which is to me not too high considering that Ethereum made some great moves lately and yes also not so low compared to other blockchain platforms in the market.
Wow, this is really high, or maybe the larger the number of tokens or coins also have a higher value. But indeed, because the more active the network id is, the higher the transaction fee on the Ethereum network, and so is the conversion, including high. Even when I saw the data at https://etherscan.io/gastracker, it was currently around 23 to 25gwei. It's quite high, even though when it was still bearish, it could be below 10 gwei. Moreover, if later the price of ETH continues to rise and reaches the real altcoin season, it will definitely rise again.
This is what a bull run does.
Now it is back to 14 Gwei, but this shows how the volatility is high.
As ethereum keeps climbing its way to the ATH (and it will reach it soon, my guess), everyone is buying/selling tokens and using DEX to try to get ready for the altseason (which usually happens after ethereum reaches ATH)
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Wow, this is really high, or maybe the larger the number of tokens or coins also have a higher value. But indeed, because the more active the network id is, the higher the transaction fee on the Ethereum network, and so is the conversion, including high. Even when I saw the data at https://etherscan.io/gastracker, it was currently around 23 to 25gwei. It's quite high, even though when it was still bearish, it could be below 10 gwei. Moreover, if later the price of ETH continues to rise and reaches the real altcoin season, it will definitely rise again.
This is what a bull run does.
Now it is back to 14 Gwei, but this shows how the volatility is high.
As ethereum keeps climbing its way to the ATH (and it will reach it soon, my guess), everyone is buying/selling tokens and using DEX to try to get ready for the altseason (which usually happens after ethereum reaches ATH)
Yes, gas fees also fluctuate very quickly. This gives us a notice when we are going to send tokens or coins, it is advisable to check the fee first, if it is still very high, try waiting a while, because it can change. And is there a certain time or estimated time every day when the gas fee on the Ethereum network increases quite high and or at an estimated time when the fee is quite normal? Because this usually also happens because of the crowd level on the network.
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Have you also noticed how high gas fees are lately? $4 for eth transfer and also $16 for other erc20 token transfer why?
Why? Because it's Ethereum. ;)
If you know, you know.
Right now, the gas fee on Ethereum is less than a dollar per transaction. This is the effect of the bull run. What's surprising though for me is that the gas fees are way lower than what it was during the last bull run a few years ago. As for Ethereum, it isn't surprising that gas fees are that high and in fact, what surprises me is those gas fees are low already compared to what the gas fees of Ethereum was a few years ago.
Anyway, I guess it would be better that if we will make a transaction on Ethereum blockchain, expect high gas fees or just use a Layer 2 project to transact. :D
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Wow, today I tried to transfer some EIGEN tokens, worthing 30 USD only, and the fees was 9 USD :o :o :o
I'll wait the weekend, at night to try to transfer again, at least 2 USD maximum
It's not hard to know why most users migrate to L2s and SOL...
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Wow, today I tried to transfer some EIGEN tokens, worthing 30 USD only, and the fees was 9 USD :o :o :o
I'll wait the weekend, at night to try to transfer again, at least 2 USD maximum
It's not hard to know why most users migrate to L2s and SOL...
Gas fees can be quite outrageous sometimes especially on the ethereum network and in fact most times when transact in USDT , I make use of the Tron network and i don't think I've ever used the ERC20 Ethereum network because of how high gas fees usually are. A couple of months back when I attempted calculating I found out I had to spend approximately $8 just to be able to send roughly $40.
That's huge considering the fact that I'll literally be spending 20% extra on fees for such a small amount. Fees are one reason why I like the bitcoin network alot because you have the freedom up to choosing on point what you wish to spend on fees.
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Fees are one reason why I like the bitcoin network alot because you have the freedom up to choosing on point what you wish to spend on fees.
Last time I used ETH you could also choose how much you pay on gas fees, granted it will affect how slow your transaction will be confirmed. I don't think that's any different with Bitcoin. If the network is congested you'd have to pay a lot of money if you want fast confirmation too. But it's worse on ETH when you need to account for smart contract fees, bridging, token transactions, etc. The competition will be higher and waiting is a luxury for most users. CMIIW.
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Fees are one reason why I like the bitcoin network alot because you have the freedom up to choosing on point what you wish to spend on fees.
Last time I used ETH you could also choose how much you pay on gas fees, granted it will affect how slow your transaction will be confirmed. I don't think that's any different with Bitcoin. If the network is congested you'd have to pay a lot of money if you want fast confirmation too. But it's worse on ETH when you need to account for smart contract fees, bridging, token transactions, etc. The competition will be higher and waiting is a luxury for most users. CMIIW.
Exactly, you can adjust in Metamask
Like in this example:
(https://i.ibb.co/cFxkX7K/Gas-Estimate-After.webp) (https://ibb.co/LtvYh2D)
Source (https://metamask.io/1559/)
Or you can even adjust manually, but I recommend some knowledge to adjust manually
Sometimes the transaction will not confirm and you have to do another tx, with higher fee to cancel the previous one
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Wow, today I tried to transfer some EIGEN tokens, worthing 30 USD only, and the fees was 9 USD :o :o :o
I'll wait the weekend, at night to try to transfer again, at least 2 USD maximum
It's not hard to know why most users migrate to L2s and SOL...
I have some ETH stuck at scroll layer, about $6,5
It costs now $ 3 to bridge to ETH! WTF!!!
I wasted some money trying to chasing airdrops..
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Wow, today I tried to transfer some EIGEN tokens, worthing 30 USD only, and the fees was 9 USD :o :o :o
I'll wait the weekend, at night to try to transfer again, at least 2 USD maximum
It's not hard to know why most users migrate to L2s and SOL...
I have some ETH stuck at scroll layer, about $6,5
It costs now $ 3 to bridge to ETH! WTF!!!
I wasted some money trying to chasing airdrops..
Hehehe, I have ETH in more than 20 networks ;D
You don't need to bridge to ETH to get back your coins
You can bridge to another L2, for example, Arbitrum, Base, Polygon etc and then transfer to your CEX
Usually I use https://jumper.exchange/pt
And Binance also accepts deposits from Scroll ;)
So you have 2 good options to avoid ETH fees
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You don't need to bridge to ETH to get back your coins
You can bridge to another L2, for example, Arbitrum, Base, Polygon etc and then transfer to your CEX
Usually I use https://jumper.exchange/pt
And Binance also accepts deposits from Scroll ;)
So you have 2 good options to avoid ETH fees
Thanks, I didn't know about these options.
I will just send my coins to binance then . I will take a look on jumper, of possible I will convert them to solana or pol
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Thanks, I didn't know about these options.
I will just send my coins to binance then . I will take a look on jumper, of possible I will convert them to solana or pol
There's tons of possibilities with these L2s and bridges hehe
My advice for small amounts, like 10 USD for example, don't convert to SOL because it's more expensive, while Polygon (matic) is a good option, cheaper and you can use in more services, and almost all exchanges accept polygon
If you want to bridge higher amounts of ETH to SOL for example, I can help you avoid expensive fees
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Thanks, I didn't know about these options.
I will just send my coins to binance then . I will take a look on jumper, of possible I will convert them to solana or pol
There's tons of possibilities with these L2s and bridges hehe
My advice for small amounts, like 10 USD for example, don't convert to SOL because it's more expensive, while Polygon (matic) is a good option, cheaper and you can use in more services, and almost all exchanges accept polygon
If you want to bridge higher amounts of ETH to SOL for example, I can help you avoid expensive fees
I sent them to binance. Even converting to POL is expensive...
Those L2 solutions are still far from cheap imo.
I remeber ethereum in 2017, transactions used to cost less than 0.01 usd. That was cheap. Good old times.
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Recently for sending eth or erc20 coins not take much fees based on OP experienced, here my recently checking at etherscan and looks friendly for fees transaction by sending Ethereum or any coins with ERC20 network. You only spend $1 to $1,5 regarding your kinds transaction as low, average and high depend how faster sending transaction you take.
But need much fees for swap, NFT sale until bridge by using erc20 network, you can wait at the early morning usually have moment with fee of ethereum transaction most cheaper than usually. Right now gas fees around 12 gwei and looks too high than usually taken under 10 gwei and spending small fees for transaction.
My experience on transactions fees on ERC20 tokens was different but my transaction fees on ether was cool in the last three days,. When i sent few ether from my Trustwallet to a Cex exchange, I was charged,$1.2 but when sent an ERC20 token to a Cex exchanges, I was charged $4. I was thinking they should be on the same transactions fees levels
In facts, when there are high traffic on the network, fees are likely to rise, this situation has been happening constantly, and i doubt if there may be some solution to this networks fees permanent solutions.
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Recently for sending eth or erc20 coins not take much fees based on OP experienced, here my recently checking at etherscan and looks friendly for fees transaction by sending Ethereum or any coins with ERC20 network. You only spend $1 to $1,5 regarding your kinds transaction as low, average and high depend how faster sending transaction you take.
But need much fees for swap, NFT sale until bridge by using erc20 network, you can wait at the early morning usually have moment with fee of ethereum transaction most cheaper than usually. Right now gas fees around 12 gwei and looks too high than usually taken under 10 gwei and spending small fees for transaction.
My experience on transactions fees on ERC20 tokens was different but my transaction fees on ether was cool in the last three days,. When i sent few ether from my Trustwallet to a Cex exchange, I was charged,$1.2 but when sent an ERC20 token to a Cex exchanges, I was charged $4. I was thinking they should be on the same transactions fees levels
There is thing called gas limit in Ethereum, it's recommended to be 20K for ETH transfers while 200K for ERC20 token transfers; your ETH transfer used gas within 20k hence it costed less and ERC20 used gas within 200k, hence more cost.
There is no way around it because if you were to use less gas limit, your transactions will fail.
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Have you also noticed how high gas fees are lately? $4 for eth transfer and also $16 for other erc20 token transfer why?
https://etherscan.io/gastracker
(https://i.imgur.com/WiiDAAZ.png)
I have never sent tokens from the Ethereum blockchain, so I have never felt the fees charged by the platform itself to me. Just for information, if I check it on the Etherscan gastracker now it is around 7.2 Gwei and that is the cheapest and if converted to USD it is around 0.52 dollars. This applies to the Ethereum coin transaction fee.
As for the erc20 token transaction fee, it may definitely exceed 1 dollar or more because I think it is impossible for the erc20 token transaction fee to be cheaper than sending native Ethereum coins.
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In facts, when there are high traffic on the network, fees are likely to rise, this situation has been happening constantly, and i doubt if there may be some solution to this networks fees permanent solutions.
The solutions are always there right in the open!
Increase the capacity while keeping a minimum fee to prevent spam, we're not in 2009 anymore, I just updated my ARK game and guess what, it had the same size with all the DLC as the whole Bitcoin Blockchain.
An increase by 4 times in the capacity of the chain with a flexible minimal limit to prevent cheap spam is pretty doable, but neither ETH nor BTC will do it, so that's why we have everyone cheering and hyping for Solana.
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I sent them to binance. Even converting to POL is expensive...
Those L2 solutions are still far from cheap imo.
I remeber ethereum in 2017, transactions used to cost less than 0.01 usd. That was cheap. Good old times.
Good to know that you didn't lose your money stuck in a network :D
Usually I spend 0.5 USD or less in a bridge, but Scroll is one of the most expensive L2 to deal with
For example, from Base to OP, or ARB, or even POL, usually I pay something like 0.20cents for a bridge, or even less
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I have never sent tokens from the Ethereum blockchain, so I have never felt the fees charged by the platform itself to me. Just for information, if I check it on the Etherscan gastracker now it is around 7.2 Gwei and that is the cheapest and if converted to USD it is around 0.52 dollars. This applies to the Ethereum coin transaction fee.
Fees on the Ethereum network change very quickly, and the changes are sometimes quite significant. Hmm, this season I have never used the Ethereum network to send tokens or coins. In the last bullish season, yes I did, and it was very annoying because the fees were very high, even tens and if not hundreds. Just imagine how high the fees were that had to be paid at that time. But sometimes there is no choice, because it was also my fault at that time I forgot to send the ERC20 token as early as possible before the market really soared. As a result, I was forced to send it with a high fee, and sometimes when compared to the results of the token sale, it was quite painful. wkwkkwkw
Anyway, the updated fee right now is around 5 - 6 in Etherscan gas tracker.
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Anyway, the updated fee right now is around 5 - 6 in Etherscan gas tracker.
I have some transactions to make but so far it's been expensive to do them
I'm going to keep an eye and get everything ready because I think that in the early hours of today and tomorrow (24 and 25), as it's a holiday, the fees should drop considerably and I'll make the transactions
I'm hoping that the rates will reach 3 or 3.5 Gwei, maybe even less
I'll try to save some money hehehe
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Anyway, the updated fee right now is around 5 - 6 in Etherscan gas tracker.
I have some transactions to make but so far it's been expensive to do them
I'm going to keep an eye and get everything ready because I think that in the early hours of today and tomorrow (24 and 25), as it's a holiday, the fees should drop considerably and I'll make the transactions
I'm hoping that the rates will reach 3 or 3.5 Gwei, maybe even less
I'll try to save some money hehehe
I already made a transaction now, as fees are much lower. This tx was pending since 8th november.
I was trying to claim some scroll here https://scroll.io/bridge, which I used by mistake. Now I already claimed it, about 20% in fees... terrible, but better than a few weeks ago
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I already made a transaction now, as fees are much lower. This tx was pending since 8th november.
I was trying to claim some scroll here https://scroll.io/bridge, which I used by mistake. Now I already claimed it, about 20% in fees... terrible, but better than a few weeks ago
Wow hehehe, more than 40days of a tx :P
My strategy worked ;D
Yesterday I managed to make some transactions at a good cost
(https://i.ibb.co/mFsFKRS/etheth.png) (https://ibb.co/5xDx312)
I figure I saved about 10 dollars in total
There's still time to make cheap txs no ETH
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Crypto gas fees are high due to network congestion and demand. Gas fees are costs paid for transactions on blockchains such as ethereum. But ethereum gas fee is very high compared to other networks. When many users are trying to transact simultaneously then the network becomes congested, causing gas fees to rise. These prices vary depending on network congestion. When there are many pending transactions gas prices rise as miners prioritize transactions with higher fees. So, if you want your transaction to be processed quickly then you may charge more gas than necessary.
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Have you also noticed how high gas fees are lately? $4 for eth transfer and also $16 for other erc20 token transfer why?
https://etherscan.io/gastracker
(https://i.imgur.com/WiiDAAZ.png)
I have never sent tokens from the Ethereum blockchain, so I have never felt the fees charged by the platform itself to me. Just for information, if I check it on the Etherscan gastracker now it is around 7.2 Gwei and that is the cheapest and if converted to USD it is around 0.52 dollars. This applies to the Ethereum coin transaction fee.
As for the erc20 token transaction fee, it may definitely exceed 1 dollar or more because I think it is impossible for the erc20 token transaction fee to be cheaper than sending native Ethereum coins.
After checking just now, it turns out that Ethereum gasfee is still quite cheap for now but I have no intention of making transactions on the Ethereum Network.
Yeah for sure to send tokens from erc20 it will be more $1 let alone doing bridging then it can be even more expensive, but for me this is already cheap enough.
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Crypto gas fees are high due to network congestion and demand. Gas fees are costs paid for transactions on blockchains such as ethereum. But ethereum gas fee is very high compared to other networks. When many users are trying to transact simultaneously then the network becomes congested, causing gas fees to rise. These prices vary depending on network congestion. When there are many pending transactions gas prices rise as miners prioritize transactions with higher fees. So, if you want your transaction to be processed quickly then you may charge more gas than necessary.
Ethereum is indeed known as a network that has high gas fees, which is also what many Ethereum users complain about, more precisely small investors who transact in it.
The reason is that sometimes the costs we have to pay are very high, and even higher than the transactions we will make. I also usually wait until the gas fees are lower before transacting.
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The reason is that sometimes the costs we have to pay are very high, and even higher than the transactions we will make. I also usually wait until the gas fees are lower before transacting.
Actually this is a disadvantage for me because every time i go to transactions then i see the gass fee is very high. However, gas prices can rise during peak activity times as users compete to process their transactions faster. When demand exceeds the network ability to process transactions, users must compete for limited block space and gas prices are high. But this is especially true for small transactions or users with limited budgets as high fees can reduce the accessibility and attractiveness of using ethereum. It should operate quickly because investors will look for other chains.
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The reason is that sometimes the costs we have to pay are very high, and even higher than the transactions we will make. I also usually wait until the gas fees are lower before transacting.
Actually this is a disadvantage for me because every time i go to transactions then i see the gass fee is very high. However, gas prices can rise during peak activity times as users compete to process their transactions faster. When demand exceeds the network ability to process transactions, users must compete for limited block space and gas prices are high. But this is especially true for small transactions or users with limited budgets as high fees can reduce the accessibility and attractiveness of using ethereum. It should operate quickly because investors will look for other chains.
The gas for transferring ETH between wallets is not that high (it's about 7 gwei, ~$0.50). It's the interaction with various smart contracts on the Ethereum network that's making it expensive. If you're not that much of a big player, you might as well just use centralized exchange for small trades.
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The gas for transferring ETH between wallets is not that high (it's about 7 gwei, ~$0.50). It's the interaction with various smart contracts on the Ethereum network that's making it expensive. If you're not that much of a big player, you might as well just use centralized exchange for small trades.
Yes, exactly
If you're just transferring to another wallet, you can use the ETH network as normal
But when you need to make a swap that requires 2 txs, 1 for approval and the other for the swap, things start to get more expensive
Usually a user who is going to do a DeFi operation does the following:
Swap from ETH to a token> 1 tx
Approval of 1 token for the contract > 1 tx
Contract > 1 tx - being the most expensive tx
Then there's the reverse path
These 3 fees nowadays don't cost less than 10 dollars in total :o
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Anyway, the updated fee right now is around 5 - 6 in Etherscan gas tracker.
I have some transactions to make but so far it's been expensive to do them
I'm going to keep an eye and get everything ready because I think that in the early hours of today and tomorrow (24 and 25), as it's a holiday, the fees should drop considerably and I'll make the transactions
I'm hoping that the rates will reach 3 or 3.5 Gwei, maybe even less
I'll try to save some money hehehe
The gas fee is still always changing. And now the fee is around 7 - 10 gwei, up and down in that rate.
The rise and fall of gas fees on the Ethereum network is still acceptable actually. Or if it goes up, it has only reached tens. so it is still quite affordable. The problem last season was when the gwei could be tens and even if not wrong hundreds of gwei at that time, making us very burdened when transferring tokens at that time, especially if the situation was very busy on the network and with a large number of transfers. but for now, all of that is still normal with the amount of gwei that must be issued.
and yes, if for example it is still considered high enough to make a transaction, it is better to just wait until the gwei amount goes down. because it will definitely change continuously. we just need to check more often and keep an eye on if meag is going to transfer.
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The gas for transferring ETH between wallets is not that high (it's about 7 gwei, ~$0.50). It's the interaction with various smart contracts on the Ethereum network that's making it expensive. If you're not that much of a big player, you might as well just use centralized exchange for small trades.
Current gwei right now have increasing up to 15 gwei and take above $1 for every transaction with slow option, not recommended yet for small trader using Dapp for exchange exactly for Ethereum network.
Better using CEX exchange not require for paying gass fees transaction and have bigger fees for spending if swap at Ethereum network exchange or CEX.
I use Dapp transaction with ETH network if any coins not listing yet at CEX transaction and waiting until the lower gass fees and if available at CEX will sell there.
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The gas for transferring ETH between wallets is not that high (it's about 7 gwei, ~$0.50). It's the interaction with various smart contracts on the Ethereum network that's making it expensive. If you're not that much of a big player, you might as well just use centralized exchange for small trades.
Current gwei right now have increasing up to 15 gwei and take above $1 for every transaction with slow option, not recommended yet for small trader using Dapp for exchange exactly for Ethereum network.
Better using CEX exchange not require for paying gass fees transaction and have bigger fees for spending if swap at Ethereum network exchange or CEX.
I use Dapp transaction with ETH network if any coins not listing yet at CEX transaction and waiting until the lower gass fees and if available at CEX will sell there.
Gasfee ETH is now back to its lowest point.
If the token was already listed on CEX then it is more likely to sell there but there are still some tokens on DEX so it is forced if they have to sell at a higher cost.
But it's up to them to do wherever now interacting with Dapps is more profitable even though it costs a lot of money.
In the sense that using Dapps there is still the potential to get points from certain criteria.
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(https://i.ibb.co/ZVhrhKz/Capturar-eth.png) (https://ibb.co/SPKgK0w)
Now is a great time to make some transactions in ETH
I took the opportunity to make a bridge that I was waiting for, and removing some tokens from the ETH network so I can have more freedom to sell or put them in some DeFi protocol in the L2s layers
Great time to make txs to have an “onchain footprint” for those who also farm airdrops
It's hard to see under 3 Gwei, but again, there's room to improve
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...
Anyway, the updated fee right now is around 5 - 6 in Etherscan gas tracker.
I have some transactions to make but so far it's been expensive to do them
I'm going to keep an eye and get everything ready because I think that in the early hours of today and tomorrow (24 and 25), as it's a holiday, the fees should drop considerably and I'll make the transactions
I'm hoping that the rates will reach 3 or 3.5 Gwei, maybe even less
I'll try to save some money hehehe
The gas fee is still always changing. And now the fee is around 7 - 10 gwei, up and down in that rate.
The rise and fall of gas fees on the Ethereum network is still acceptable actually. Or if it goes up, it has only reached tens. so it is still quite affordable. The problem last season was when the gwei could be tens and even if not wrong hundreds of gwei at that time, making us very burdened when transferring tokens at that time, especially if the situation was very busy on the network and with a large number of transfers. but for now, all of that is still normal with the amount of gwei that must be issued.
and yes, if for example it is still considered high enough to make a transaction, it is better to just wait until the gwei amount goes down. because it will definitely change continuously. we just need to check more often and keep an eye on if meag is going to transfer.
I think that change will always happen, especially when the market situation is busy. There will be changes that, of course, we may not like, but there is always an opportunity not to make a transaction if it is indeed considered very high by waiting for the price to drop. The problem is if we need it and inevitably end up doing it even with a high price and there is no choice but to do it. I think everyone knows about this network and there is always a dilemma when the price is high when needed.
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Have you also noticed how high gas fees are lately? $4 for eth transfer and also $16 for other erc20 token transfer why?
(https://talkimg.com/images/2025/01/15/Olfx8.jpeg)
Due to such high gas fee of ETH they lost many small users long ago and BSC chain became very popular at that time with that opportunity. And now besides bsc there are some good chains for less transaction free they are SOL , NEAR , TON , BSC , BASE and due to this ERC-20 chain usage is very less now I have done any single transaction in ETH since 2021 I don't remember. Such high fee of ETH is very expensive and it is very annoying
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and yes, if for example it is still considered high enough to make a transaction, it is better to just wait until the gwei amount goes down. because it will definitely change continuously. we just need to check more often and keep an eye on if meag is going to transfer.
And if everyone waits and then decides to make their transactions when it gets low, it won't spike again? ;D
imagine if banks or shops had this thing, you need to pay an extra fee depending on how many people are behind you in a queue, anyone promoting such a thing would be lynched but somehow it is tolerated in crypto, why?
Fees go down for one single reason, and it's not ETH it's also happening with Bitcoin, the usage goes down, meaning that once you tell 100 times to users to wait a few days for a TX or otherwise they need to pay $10, they will simply migrate to a cheaper option, and this is seen in every graph, people don't use USDT on Tron because whatever gimmicks Tron advertise, they use it because its cheap, and slowly but surely everyone is moving away from it.
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(https://i.ibb.co/ZVhrhKz/Capturar-eth.png) (https://ibb.co/SPKgK0w)
Now is a great time to make some transactions in ETH
I took the opportunity to make a bridge that I was waiting for, and removing some tokens from the ETH network so I can have more freedom to sell or put them in some DeFi protocol in the L2s layers
Great time to make txs to have an “onchain footprint” for those who also farm airdrops
It's hard to see under 3 Gwei, but again, there's room to improve
Wow, now it has started to rise again to a rate of 7 - 9 gwei. Well, the gas on the Ethereum network changes very quickly. This means that if we want to send a transaction, often check how much the gwei is because it is indeed that significant and sometimes the changes are that fast. Even when altcoin season occurs, usually the increase will be quite high. That's why if we want to transfer coins or tokens, it's better to do it before altcoin season occurs, it's cheaper and faster, because it's not crowded during altcoin season and it's not that high of course.
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and yes, if for example it is still considered high enough to make a transaction, it is better to just wait until the gwei amount goes down. because it will definitely change continuously. we just need to check more often and keep an eye on if meag is going to transfer.
And if everyone waits and then decides to make their transactions when it gets low, it won't spike again? ;D
imagine if banks or shops had this thing, you need to pay an extra fee depending on how many people are behind you in a queue, anyone promoting such a thing would be lynched but somehow it is tolerated in crypto, why?
Fees go down for one single reason, and it's not ETH it's also happening with Bitcoin, the usage goes down, meaning that once you tell 100 times to users to wait a few days for a TX or otherwise they need to pay $10, they will simply migrate to a cheaper option, and this is seen in every graph, people don't use USDT on Tron because whatever gimmicks Tron advertise, they use it because its cheap, and slowly but surely everyone is moving away from it.
Agreed.
And that's why there is a Lightning Network for Bitcoin and L2s on ETH to carve out the possibility of such fees. Simple as that.
People, sometimes, need a solution fast, not to wait for the main network to re-congest itself.
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Agreed.
And that's why there is a Lightning Network for Bitcoin and L2s on ETH to carve out the possibility of such fees. Simple as that.
Simple...as that!
That's the thing, it's not simple, that's why we have a total of 5000 BTC in total capacity, which is by far not the ready-to-be-transacted sum despite years over years of high fees, and this is why we're bleeding channels, at least in BTC, I don't know the situation over ETH.
People like simple things, that's why when you start talking sharding l2, l3, they remember they just need to swipe their card for a payment.
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Have you also noticed how high gas fees are lately? $4 for eth transfer and also $16 for other erc20 token transfer why?
I think the ETH network always have this issue when the market is facing a bull run, and the high transfer of different tokens makes the network become highly congested, and the demands for faster transfers to take place with the use payment of higher amount for transactions confirmation. I was thinking SOL could be cheaper in a situation where the network is congested, but seems that's not true.
Recently, I have not made any transactions from the ERC network, so I don't really know if the price must have dropped as the rate of transactions as reduced.
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(https://i.ibb.co/ZVhrhKz/Capturar-eth.png) (https://ibb.co/SPKgK0w)
Now is a great time to make some transactions in ETH
I took the opportunity to make a bridge that I was waiting for, and removing some tokens from the ETH network so I can have more freedom to sell or put them in some DeFi protocol in the L2s layers
Great time to make txs to have an “onchain footprint” for those who also farm airdrops
It's hard to see under 3 Gwei, but again, there's room to improve
Moving ERC20 coins with gas fees very worth it because only spend few cent but right now gas fees have increasing up to 18 Gwei and take above 2$ for each coins sending. Usually if have any airdrop ERC20 claiming always not have right time because GWEI increasing drastically and we must spend much fees, I think if any coins with ETH network holding at wallet must be patient waiting when gas fee down usually at the early morning.
I have one ERC20 coins holding right now and values under $20 looks still not profitable moving to CEX exchange, waiting gas fee drop drastically until 1 GWEI how to get most lower fees transaction.
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Have you also noticed how high gas fees are lately? $4 for eth transfer and also $16 for other erc20 token transfer why?
I think the ETH network always have this issue when the market is facing a bull run, and the high transfer of different tokens makes the network become highly congested, and the demands for faster transfers to take place with the use payment of higher amount for transactions confirmation. I was thinking SOL could be cheaper in a situation where the network is congested, but seems that's not true.
Recently, I have not made any transactions from the ERC network, so I don't really know if the price must have dropped as the rate of transactions as reduced.
It is difficult to avoid a situation like you said, because the market is increasing and transactions are also very high, it is inevitable that fees will be reduced to be cheaper and the possibility is small. This is a problem that always occurs on the ethereum network and has been tried in the past but cannot be suppressed either.
I think other networks can still be suppressed, and it is no wonder that many people use them as an alternative, but I, like you, have not used the ethereum network for a long time, so I don't know at this time.
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I think the ETH network always have this issue when the market is facing a bull run, and the high transfer of different tokens makes the network become highly congested, and the demands for faster transfers to take place with the use payment of higher amount for transactions confirmation. I was thinking SOL could be cheaper in a situation where the network is congested, but seems that's not true.
Recently, I have not made any transactions from the ERC network, so I don't really know if the price must have dropped as the rate of transactions as reduced.
I'll resume for you:
In a peak, like the day Trump coin was launched, SOL was congested and people started to make lots of txs in ETH network too, probably rotating the money
With SOL's network you need to try a lot of times to have your tx confirmed, while in ETH you need to pay more gas, but you will have your tx confirmed quickly
Make your choice hahaha
Pay more than 10 USD for a single tx or try a lot of times on Solana :) :) :)
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I think the ETH network always have this issue when the market is facing a bull run, and the high transfer of different tokens makes the network become highly congested, and the demands for faster transfers to take place with the use payment of higher amount for transactions confirmation. I was thinking SOL could be cheaper in a situation where the network is congested, but seems that's not true.
Recently, I have not made any transactions from the ERC network, so I don't really know if the price must have dropped as the rate of transactions as reduced.
I'll resume for you:
In a peak, like the day Trump coin was launched, SOL was congested and people started to make lots of txs in ETH network too, probably rotating the money
With SOL's network you need to try a lot of times to have your tx confirmed, while in ETH you need to pay more gas, but you will have your tx confirmed quickly
Make your choice hahaha
Pay more than 10 USD for a single tx or try a lot of times on Solana :) :) :)
Okay. So, if by your statement, it means SOL is more of a trial and error method probably with a stable and fair transactions fee for it's users, or is it with every trail and face error, a fee is taken, and so on, until the transaction becomes a success?
Paying a $10 transaction fee is quite a high one, except, depending on the situation where the quick demands will be highly needed. Otherwise, I'll wait for the stared water to settle.
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I think that change will always happen, especially when the market situation is busy. There will be changes that, of course, we may not like, but there is always an opportunity not to make a transaction if it is indeed considered very high by waiting for the price to drop. The problem is if we need it and inevitably end up doing it even with a high price and there is no choice but to do it. I think everyone knows about this network and there is always a dilemma when the price is high when needed.
Yes, this change will continue to happen. and actually Ethereum has tried several things to reduce the increase in its gas fee, because compared to last season, even at the ETH rate, the transaction fee should have increased that much. and now? Actually, if compared to last season. which is now, it is much lower. the highest is only a dozen. while in the bullrun era last season it was tens or even hundreds. but that's again, if compared to other networks, it is still higher. other networks tend to have more stable fees, lower, but the speed is the same. fast.
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I think that change will always happen, especially when the market situation is busy. There will be changes that, of course, we may not like, but there is always an opportunity not to make a transaction if it is indeed considered very high by waiting for the price to drop. The problem is if we need it and inevitably end up doing it even with a high price and there is no choice but to do it. I think everyone knows about this network and there is always a dilemma when the price is high when needed.
Yes, this change will continue to happen. and actually Ethereum has tried several things to reduce the increase in its gas fee, because compared to last season, even at the ETH rate, the transaction fee should have increased that much. and now? Actually, if compared to last season. which is now, it is much lower. the highest is only a dozen. while in the bullrun era last season it was tens or even hundreds. but that's again, if compared to other networks, it is still higher. other networks tend to have more stable fees, lower, but the speed is the same. fast.
The ethereum network has tried several times to fix it so that gas fees can be suppressed, but only at the beginning and after that, they came back again come and it could be that they have tried but have not found the best formula, especially with its high value and very many transactions. It will be very difficult to suppress costs immediately.
Agree, indeed, if we compare it with the current network which is growing a lot, and they are able to suppress it as cheaply as possible with very good speed.
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I think that change will always happen, especially when the market situation is busy. There will be changes that, of course, we may not like, but there is always an opportunity not to make a transaction if it is indeed considered very high by waiting for the price to drop. The problem is if we need it and inevitably end up doing it even with a high price and there is no choice but to do it. I think everyone knows about this network and there is always a dilemma when the price is high when needed.
Yes, this change will continue to happen. and actually Ethereum has tried several things to reduce the increase in its gas fee, because compared to last season, even at the ETH rate, the transaction fee should have increased that much. and now? Actually, if compared to last season. which is now, it is much lower. the highest is only a dozen. while in the bullrun era last season it was tens or even hundreds. but that's again, if compared to other networks, it is still higher. other networks tend to have more stable fees, lower, but the speed is the same. fast.
The ethereum network has tried several times to fix it so that gas fees can be suppressed, but only at the beginning and after that, they came back again come and it could be that they have tried but have not found the best formula, especially with its high value and very many transactions. It will be very difficult to suppress costs immediately.
Agree, indeed, if we compare it with the current network which is growing a lot, and they are able to suppress it as cheaply as possible with very good speed.
Minimising gas costs on a network that has already established a vast network and high use of transactions is, in fact, challenging. Any alteration will certainly take sometime to bring out the best out of it. However, three key factors which include costs, the number of users, the transaction demand as well as technology have been considered for their role in shaping its success. However, other ones that are newer, do have merit in the fact that they are more efficient as they are constructed with better planning in mind. Although it is still quite stable and has a versatile ecosystem in a narrower focus, further evolution may pay off in the future. Hoping for an improved current condition, it can be maintained that the general goals of a cheap system are still in progress and the obstacles presented above will always be among the features that form the very nature of the technology’s advancement.
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Enjoy the low fees guys:
(https://i.ibb.co/vxcvWcpr/gasfee.png) (https://ibb.co/C5wsywgX)
Source: https://etherscan.io/gastracker
Finally some "cheap" fees to make some bridges that I need to do hehehe
Just sent some ETH from ETH to Abstract for a good fee 8) 8) 8)
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Okay. So, if by your statement, it means SOL is more of a trial and error method probably with a stable and fair transactions fee for it's users, or is it with every trail and face error, a fee is taken, and so on, until the transaction becomes a success?
Transactions on SOL don't fail because of traffic when the network is running normally, they all should have configured rebroadcasting and max retries it's the dumb smart contracts that are getting trashed, purely sending sol to sol from one exchange to another has no reason to fail except whether a badly configured wallet or an RPC server, with the meme coins that are being swapped, that's a whole different thing, I'm not even going to touch that, it's such a mess with no solution other than staying away from things like raydium while doing low liquidity meme coins or be in world of pain.
To be honest, there's no point in even trying to understand it now, just take the plunge or stay on the side, they have managed to draw themselves in a corner with nodes requiring datacenter level computing power, drama over the tpu role, the voting spam required to keep blocks alive and so one it's a never-ending story.
Again, in theory, the TPS of solana should not have a problem with 1 million meme coins, in reality....d'oh! ::)
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Enjoy the low fees guys:
(https://i.ibb.co/vxcvWcpr/gasfee.png) (https://ibb.co/C5wsywgX)
Source: https://etherscan.io/gastracker
Finally some "cheap" fees to make some bridges that I need to do hehehe
Just sent some ETH from ETH to Abstract for a good fee 8) 8) 8)
Yes, this is very cheap in my opinion, indeed the Ethereum Gas fee is also fluctuating. So if we want to make a transaction if the condition is not urgent, then we can wait for the Ethereum Gas to go down first before making the transaction. But sometimes because of urgent needs, we can't wait for that moment so whatever the price of Ethereum Gas is, we still go for it.
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Enjoy the low fees guys:
(https://i.ibb.co/vxcvWcpr/gasfee.png) (https://ibb.co/C5wsywgX)
Source: https://etherscan.io/gastracker
Finally some "cheap" fees to make some bridges that I need to do hehehe
Just sent some ETH from ETH to Abstract for a good fee 8) 8) 8)
Yes, this is very cheap in my opinion, indeed the Ethereum Gas fee is also fluctuating. So if we want to make a transaction if the condition is not urgent, then we can wait for the Ethereum Gas to go down first before making the transaction. But sometimes because of urgent needs, we can't wait for that moment so whatever the price of Ethereum Gas is, we still go for it.
I think now is the time to make any transaction you plan to do at any time.
1.500 gwei is extremely low compared to some months ago.
Unfortunately, I have made already i transactions i needed. I will just wait ethereum reach 10k to make new transactions
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I think now is the time to make any transaction you plan to do at any time.
1.500 gwei is extremely low compared to some months ago.
Unfortunately, I have made already i transactions i needed. I will just wait ethereum reach 10k to make new transactions
Hehehe, if ETH reach 10k be prepared to pay 10 USD for a swap or 100 USD for a contract :D
I miss the POW ethereum when I made some good eth with high fees, now I just pay the fees and wait for good moments to transact in ETH network
I guess in some hours we can see 1.5 or even less fees, and February used to be a good month for ETH, maybe the fees will go higher
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Have you also noticed how high gas fees are lately? $4 for eth transfer and also $16 for other erc20 token transfer why?
The Ethereum ERC20 network has always had an exorbitant gas fees compared to other networks even before this bull run that just occured.
Though the gas fee increased not only for Ethereum but there was also an increased gas fee for BTC too due to traffic on the Blockchain but I guess everything is settled for the now.
If I am transferring assets from my exchange to wallet, I prefer using other Blockchain Networks rather than ETH.
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Enjoy the low fees guys:
(https://i.ibb.co/vxcvWcpr/gasfee.png) (https://ibb.co/C5wsywgX)
Source: https://etherscan.io/gastracker
Finally some "cheap" fees to make some bridges that I need to do hehehe
Just sent some ETH from ETH to Abstract for a good fee 8) 8) 8)
Yes, this is very cheap in my opinion, indeed the Ethereum Gas fee is also fluctuating. So if we want to make a transaction if the condition is not urgent, then we can wait for the Ethereum Gas to go down first before making the transaction. But sometimes because of urgent needs, we can't wait for that moment so whatever the price of Ethereum Gas is, we still go for it.
Usually this very cheap gas provides an answer to those who complain about the transaction costs on the Ethereum network which were quite high some time ago. At least we should take advantage of this cheap gas cost moment to increase the transfer of assets to the network that we have. Maybe Axie Infinite game players and other games based on the Ethereum network will take advantage of this opportunity well. Hopefully with this very reduced gas cost it can trigger an increase in the price of Ethereum higher than it is now.
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Usually this very cheap gas provides an answer to those who complain about the transaction costs on the Ethereum network which were quite high some time ago. At least we should take advantage of this cheap gas cost moment to increase the transfer of assets to the network that we have. Maybe Axie Infinite game players and other games based on the Ethereum network will take advantage of this opportunity well. Hopefully with this very reduced gas cost it can trigger an increase in the price of Ethereum higher than it is now.
There was a time a debate of scaling becomes a top discussion in this group but everyone was busy saying layer this and that will help faster Ethereum chain but I think the people (adoption) has spoken. They prefer Solana than all this complicated later 2 solutions and all this roll up because only a tech savvy person will want to use such, unlike Solana network.
Some people are busy saying Solana is adopted because of meme coins and I ask the question, where did the meme coins star from? Is it not from ethereum but the fees made everyone run to BSC before they finally stay at Solana chain but they must say what to make them better since they hold ETH.
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I think now is the time to make any transaction you plan to do at any time.
1.500 gwei is extremely low compared to some months ago.
Unfortunately, I have made already i transactions i needed. I will just wait ethereum reach 10k to make new transactions
Hehehe, if ETH reach 10k be prepared to pay 10 USD for a swap or 100 USD for a contract :D
I miss the POW ethereum when I made some good eth with high fees, now I just pay the fees and wait for good moments to transact in ETH network
I guess in some hours we can see 1.5 or even less fees, and February used to be a good month for ETH, maybe the fees will go higher
In 2021 i have paid 80 usd for a Link > usdt swap! I used uniswap. It was ath...
Dark times! And it was worth it. So, unfortunately, fees can skyrocket for a long time...
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Usually this very cheap gas provides an answer to those who complain about the transaction costs on the Ethereum network which were quite high some time ago. At least we should take advantage of this cheap gas cost moment to increase the transfer of assets to the network that we have. Maybe Axie Infinite game players and other games based on the Ethereum network will take advantage of this opportunity well. Hopefully with this very reduced gas cost it can trigger an increase in the price of Ethereum higher than it is now.
Yes of course, this moment must be utilized if we are using this Ethereum network. Actually, if I notice, ETH gas is not too expensive lately compared to before.
Maybe the Ethereum network is not as dense as it used to be, because along with the growth of cryptocurrency until now, many new Blockchains have grown, where they compete to provide the best service to the community including this Gas cost.
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Wait until some protocol that generates high demand appears for a few days and you'll see how much the rates can go up hehehe
The last time I saw a spike on the ETH network was on EigenLayer where I spent around 30 to 50 dollars to make 2 transactions hehehe
And what's more, it wasn't worth the return :(
Transfer ETH is not so expensive.
Try to approve a spend, do the swap and a smart contract, you'll probably spend more than 10 USD ;D
The networks fees for Etheruem has been an issue especially when there is much traffic, due to higher demands. During the 2021 bull run, i noticed an extremely high transaction fees when i moved one of my ERC20 token from Myetherwallet to an exchange. As at that period, i paid $30 which was very high though the quantity of the tokens was was high and worth around $1500.
However, I thought that by now Etheruem fees should come down low but it has become a recurring issues, and I think many users might have adjusted to this High gas fees situations in my opinion.
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In 2021 i have paid 80 usd for a Link > usdt swap! I used uniswap. It was ath...
Dark times! And it was worth it. So, unfortunately, fees can skyrocket for a long time...
Wow bitmover, I don't remember seeing a more expensive rate than yours for a swap :o
At that time I was mining ETH, so you certainly helped me earn a few more cents :D
But it's impractical to charge fees as high as 80 USD
To give you an idea of comparison, I've farmed airdrops that spent less than 80 dollars in fees and spreads and earned more than 10x in total, over several months of farming
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Not stable yet with ERC20 gas fees after last three days ago drop drastically and right moment for moving coins with Ethereum network but right now gas fees up significant until 33 gwei. Its bad for altcoin holder with ERC20 network if want moving to CEX exchange need to pay high fees or difficult position for holder if their coins only available for selling at Dapp exchange how much fees spending for approving to swap coins.
If hold any coins with ERC20 network must prepare when gas fee down moving all your assets coins and trade at CEX exchange more comfortable without paying high fees.
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Usually this very cheap gas provides an answer to those who complain about the transaction costs on the Ethereum network which were quite high some time ago. At least we should take advantage of this cheap gas cost moment to increase the transfer of assets to the network that we have. Maybe Axie Infinite game players and other games based on the Ethereum network will take advantage of this opportunity well. Hopefully with this very reduced gas cost it can trigger an increase in the price of Ethereum higher than it is now.
Yes of course, this moment must be utilized if we are using this Ethereum network. Actually, if I notice, ETH gas is not too expensive lately compared to before.
Maybe the Ethereum network is not as dense as it used to be, because along with the growth of cryptocurrency until now, many new Blockchains have grown, where they compete to provide the best service to the community including this Gas cost.
If there is such momentum, it should be used as well as possible, and I agree with that, but it is natural that the ethereum network can be expensive because the price is already high and, of course, the traffic is quite dense, so that whoever can give more expensively is prioritized.
but it is true you say that, with the changing situation where many are growing and using other networks, it seems that the current gas fee may not be as expensive as in the past.
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If there is such momentum, it should be used as well as possible, and I agree with that, but it is natural that the ethereum network can be expensive because the price is already high and, of course, the traffic is quite dense, so that whoever can give more expensively is prioritized.
but it is true you say that, with the changing situation where many are growing and using other networks, it seems that the current gas fee may not be as expensive as in the past.
Sometimes when we need it, the moment doesn't come. Finally, even though GAS ETH is expensive, we just go for it, this is indeed a weakness of Ethereum and is often complained about by the public. However, if we can be patient, GAS ETH will definitely go down, but when the price of Ethereum Gas goes down, do we need it for transactions? not necessarily!
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Sometimes when we need it, the moment doesn't come. Finally, even though GAS ETH is expensive, we just go for it, this is indeed a weakness of Ethereum and is often complained about by the public. However, if we can be patient, GAS ETH will definitely go down, but when the price of Ethereum Gas goes down, do we need it for transactions? not necessarily!
The problem is, when ERC20 tokens were still really dominant, we often had no choice but to keep taking the very high gas fee at that time, because sometimes if it was not sent immediately, the token price could immediately drop and even become shit tokens. That's why there was no choice but to keep going through the very high gas fee.
Unlike some of the newest networks now like Solana and BNB where the fee is very low, so whenever we will send it, it won't be a big burden for users.
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If there is such momentum, it should be used as well as possible, and I agree with that, but it is natural that the ethereum network can be expensive because the price is already high and, of course, the traffic is quite dense, so that whoever can give more expensively is prioritized.
but it is true you say that, with the changing situation where many are growing and using other networks, it seems that the current gas fee may not be as expensive as in the past.
Sometimes when we need it, the moment doesn't come. Finally, even though GAS ETH is expensive, we just go for it, this is indeed a weakness of Ethereum and is often complained about by the public. However, if we can be patient, GAS ETH will definitely go down, but when the price of Ethereum Gas goes down, do we need it for transactions? not necessarily!
Such situations are quite common though when the transaction costs are high the only thing that can be done is to continue running it though it is cumbersome. It is important to note that Ethereum does have some technological and systems advantages but the unpredictable gas fees tend to cause issues for a lot of individuals. Sometimes, we anticipate the fall in the price, but when it finally goes down we do not have the necessity to transact. Situations like this make it clear that in the inter-net, the unknowns are as numerous as there are assets freely available. Thus, willingness to adapt, and the desire to remain sustainable in the long-term is one way on how we are able to deal with transactions more effectively without having to come up with a decision in a hasty manner.
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However, if we can be patient, GAS ETH will definitely go down, but when the price of Ethereum Gas goes down, do we need it for transactions? not necessarily!
Bingo! Gas prices will go down only when there is no usage pressure.
When there is no usage at all it means no token activity and no smart contracts as they have all moved to other networks.
Once this happens, how would the price rise for a coin that is actively substituted by other coins?
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Sometimes when we need it, the moment doesn't come. Finally, even though GAS ETH is expensive, we just go for it, this is indeed a weakness of Ethereum and is often complained about by the public. However, if we can be patient, GAS ETH will definitely go down, but when the price of Ethereum Gas goes down, do we need it for transactions? not necessarily!
The problem is, when ERC20 tokens were still really dominant, we often had no choice but to keep taking the very high gas fee at that time, because sometimes if it was not sent immediately, the token price could immediately drop and even become shit tokens. That's why there was no choice but to keep going through the very high gas fee.
Unlike some of the newest networks now like Solana and BNB where the fee is very low, so whenever we will send it, it won't be a big burden for users.
That's the problem, when we need to transact the price of GAS ETH is expensive. So we have no choice but to keep doing it, and this often happens to almost everyone here. That's actually a risk for us, because we know Ethereum is known for its expensive transaction fees. And actually this is one of the things that people often complain about.
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(https://i.ibb.co/j99PspvL/etetet.png) (https://ibb.co/0ppRvwjf)
I think this is the lowest fees I saw this year :o
I think these fees reflect a lot of the dissatisfaction of ETH users
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(https://i.ibb.co/j99PspvL/etetet.png) (https://ibb.co/0ppRvwjf)
I think this is the lowest fees I saw this year :o
I think these fees reflect a lot of the dissatisfaction of ETH users
ethereum is famous for its high fees but since it was indication of demand and high activity within the network it was almost fine and people did not have any problems paying for the fees but now it seems like not much activities are going through the network enough to lower the fees i think this could be a chance whether to buy or sell some ethereums you have that you have never gotten to sell because of the high fees
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(https://i.ibb.co/j99PspvL/etetet.png) (https://ibb.co/0ppRvwjf)
I think this is the lowest fees I saw this year :o
I think these fees reflect a lot of the dissatisfaction of ETH users
Just realized that the ETH gas fee is now cheap, imagine if it was really high, maybe many projects would switch to the ETH network.
When the network is congested then the gasfee will increase again so don't be surprised if this reflects the community's dissatisfaction with this coin.
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(https://i.ibb.co/j99PspvL/etetet.png) (https://ibb.co/0ppRvwjf)
I think this is the lowest fees I saw this year :o
I think these fees reflect a lot of the dissatisfaction of ETH users
Just realized that the ETH gas fee is now cheap, imagine if it was really high, maybe many projects would switch to the ETH network.
When the network is congested then the gasfee will increase again so don't be surprised if this reflects the community's dissatisfaction with this coin.
Yes, the lower gas fees are beneficial for ETH ecosystem as transactions becomes cheaper, and those projects which were once cannot afford could utilise the network now. However, if the activity increases, gas fees can rise as well and that has been the trend for as far as I can remember. Nevertheless, it changing and fluctuating fees makes Ethereum very popular among developers and investors given the vast universe that surrounds this crypto. Looking at what is on the development process, there is every reason to believe that the network will continue to transform for the better, making it one of the most trusted networks in the crypto world.
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(https://i.ibb.co/j99PspvL/etetet.png) (https://ibb.co/0ppRvwjf)
I think this is the lowest fees I saw this year :o
I think these fees reflect a lot of the dissatisfaction of ETH users
Just realized that the ETH gas fee is now cheap, imagine if it was really high, maybe many projects would switch to the ETH network.
When the network is congested then the gasfee will increase again so don't be surprised if this reflects the community's dissatisfaction with this coin.
Yes, the lower gas fees are beneficial for ETH ecosystem as transactions becomes cheaper, and those projects which were once cannot afford could utilise the network now. However, if the activity increases, gas fees can rise as well and that has been the trend for as far as I can remember. Nevertheless, it changing and fluctuating fees makes Ethereum very popular among developers and investors given the vast universe that surrounds this crypto. Looking at what is on the development process, there is every reason to believe that the network will continue to transform for the better, making it one of the most trusted networks in the crypto world.
If the gassfee continues to be low as it is now, it is likely that the Ethereum ecosystem will be crowded again because the burden is the expensive fee for one transaction not to mention the approval transaction.
And indeed this is a fluctuation, maybe in the next few days it will still be cheap but see after the next 1 month whether there will be an increase or not?
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If the gassfee continues to be low as it is now, it is likely that the Ethereum ecosystem will be crowded again because the burden is the expensive fee for one transaction not to mention the approval transaction.
And indeed this is a fluctuation, maybe in the next few days it will still be cheap but see after the next 1 month whether there will be an increase or not?
ETH gas has always been a hot topic until now but if it is dense I think it will increase because of the many requests or withdrawals. The most option is to choose the medium one if you want to send or wd to an account but before that it is better to check first with a tool using a gas estimator to optimize transaction costs.
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(https://i.ibb.co/j99PspvL/etetet.png) (https://ibb.co/0ppRvwjf)
I think this is the lowest fees I saw this year :o
I think these fees reflect a lot of the dissatisfaction of ETH users
Just realized that the ETH gas fee is now cheap, imagine if it was really high, maybe many projects would switch to the ETH network.
When the network is congested then the gasfee will increase again so don't be surprised if this reflects the community's dissatisfaction with this coin.
Yes, the lower gas fees are beneficial for ETH ecosystem as transactions becomes cheaper, and those projects which were once cannot afford could utilise the network now. However, if the activity increases, gas fees can rise as well and that has been the trend for as far as I can remember. Nevertheless, it changing and fluctuating fees makes Ethereum very popular among developers and investors given the vast universe that surrounds this crypto. Looking at what is on the development process, there is every reason to believe that the network will continue to transform for the better, making it one of the most trusted networks in the crypto world.
If the gassfee continues to be low as it is now, it is likely that the Ethereum ecosystem will be crowded again because the burden is the expensive fee for one transaction not to mention the approval transaction.
And indeed this is a fluctuation, maybe in the next few days it will still be cheap but see after the next 1 month whether there will be an increase or not?
Avoiding low gas fees, is indeed an obstacle experienced by,, ethereum for a long time and has made improvements, but it has not been able to happen properly and now if, as you say that it can continue to be cheap, then what you said could happen and be crowded again.
But we know that it is indeed difficult to predict because it is inconsistent and when the situation is crowded then it will return again. That is what has been feared all this time. Yes .... we We see the next few months.
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ETH gas has always been a hot topic until now but if it is dense I think it will increase because of the many requests or withdrawals. The most option is to choose the medium one if you want to send or wd to an account but before that it is better to check first with a tool using a gas estimator to optimize transaction costs.
Or we can just wait until it will not be as congested. After all, that problem boils down for a long time - on the main chains, like BTC too, I mean.
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Avoiding low gas fees, is indeed an obstacle experienced by,, ethereum for a long time and has made improvements, but it has not been able to happen properly and now if, as you say that it can continue to be cheap, then what you said could happen and be crowded again.
But we know that it is indeed difficult to predict because it is inconsistent and when the situation is crowded then it will return again. That is what has been feared all this time. Yes .... we We see the next few months.
if I observe the gas fee depends on traffic and coin price. and that's a few times I also got caught in high gas fees.
For now solana is a cheap network, making the solana network widely used and in demand by investors.
While ethereum in my opinion, still has a high gas fee
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if I observe the gas fee depends on traffic and coin price. and that's a few times I also got caught in high gas fees.
For now solana is a cheap network, making the solana network widely used and in demand by investors.
While ethereum in my opinion, still has a high gas fee
The trend of solana is now on the rise, so some projects are now on the solana network because it is cheap plus many wallet activities are active compared to ethereum now declining to lose to Solana.
The weakness of solana is that when it is busy, the network often turns off, causing congestion.
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if I observe the gas fee depends on traffic and coin price. and that's a few times I also got caught in high gas fees.
For now solana is a cheap network, making the solana network widely used and in demand by investors.
While ethereum in my opinion, still has a high gas fee
The trend of solana is now on the rise, so some projects are now on the solana network because it is cheap plus many wallet activities are active compared to ethereum now declining to lose to Solana.
The weakness of solana is that when it is busy, the network often turns off, causing congestion.
It seems that solana dev has fixed the problem because when the traffic is high I don't hear news of solanan network experiencing congestion or downtime.
so I think solanan will compete closely with ethereum in the future, and the possibility of replacing ethereum can happen. because solanan has the potential for that in the future.
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if I observe the gas fee depends on traffic and coin price. and that's a few times I also got caught in high gas fees.
For now solana is a cheap network, making the solana network widely used and in demand by investors.
While ethereum in my opinion, still has a high gas fee
The trend of solana is now on the rise, so some projects are now on the solana network because it is cheap plus many wallet activities are active compared to ethereum now declining to lose to Solana.
The weakness of solana is that when it is busy, the network often turns off, causing congestion.
It seems that solana dev has fixed the problem because when the traffic is high I don't hear news of solanan network experiencing congestion or downtime.
so I think solanan will compete closely with ethereum in the future, and the possibility of replacing ethereum can happen. because solanan has the potential for that in the future.
Yeah currently the Solana Network is better but when there are memecoins that are hype then the network can be jammed fees can be high, as happened with the $TRUMP token the solana network was jammed even though it did not die some communities complained because of the high fees due to this congestion.
The matter of Solana replacing Ethereum is still unclear because until now the MC is still far between SOL and ETH, although in terms of users, there are more active users in Solana.
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Yeah currently the Solana Network is better but when there are memecoins that are hype then the network can be jammed fees can be high, as happened with the $TRUMP token the solana network was jammed even though it did not die some communities complained because of the high fees due to this congestion.
The matter of Solana replacing Ethereum is still unclear because until now the MC is still far between SOL and ETH, although in terms of users, there are more active users in Solana.
that's true and i agree with you, ethereum is still the second largest after bitcoin and the possibility of solana replacing ethereum is still far away. Maybe in the next few years we can only judge whether solana can replace ethereum or not, because right now it's still too far to compare the two in terms of marketcap.
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The ticker says Mr v wants to raise the gas limits.
CAN'T see it as good news for the coin.
https://365crypto.org/blog/2025/02/14/vitalik-buterin-pushes-for-higher-ethereum-gas-limit/
Eth was raised from 30 to 36 million and now Mr v says it is not enough.
I NEVER LIKE back to back changes like this.
It indicates a hidden issue which we do not get to see.
Looks li,e a rocky road ahead for eth.
BTW eth is down over 15% since the musky trumpeter got in.
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I don't know if this is good news or not. But what is clear is, at this time, this is the first time I've seen gas less than 1 gwei, this is the first time. Is it possible that I'm not using this network anymore so I'm behind on updates? hahaha, but this is really impressive, only 0,....... gwei
(https://www.talkimg.com/images/2025/02/15/qSBvf.png)
https://etherscan.io/gastracker
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I don't know if this is good news or not. But what is clear is, at this time, this is the first time I've seen gas less than 1 gwei, this is the first time. Is it possible that I'm not using this network anymore so I'm behind on updates? hahaha, but this is really impressive, only 0,....... gwei
(https://www.talkimg.com/images/2025/02/15/qSBvf.png)
https://etherscan.io/gastracker
So then why make another change if fees are so good why fix a thing that does not seem broken. It is worrisome I have learned a long time ago if it is not broke do not fix it.
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Just spent 5 usd on mainnet right now
(https://i.ibb.co/DDwH7gTR/Capturar.png) (https://ibb.co/kgqsh6vS)
Less than 1 gwei, but yet expensive >:(
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Yeah currently the Solana Network is better but when there are memecoins that are hype then the network can be jammed fees can be high, as happened with the $TRUMP token the solana network was jammed even though it did not die some communities complained because of the high fees due to this congestion.
The matter of Solana replacing Ethereum is still unclear because until now the MC is still far between SOL and ETH, although in terms of users, there are more active users in Solana.
that's true and i agree with you, ethereum is still the second largest after bitcoin and the possibility of solana replacing ethereum is still far away. Maybe in the next few years we can only judge whether solana can replace ethereum or not, because right now it's still too far to compare the two in terms of marketcap.
Solana overtaking Etheruem is possible but may take a longer time in near future. Solana team has been making strong effort, including marketing and some crypto "meet up", that has enhanced Sol token skyrocketing at the last few months of the Bitcoin bull run.
However, it is on records that Etheruem was once overtaken by XRP few years ago, and i think that other tokens can likewise top the number two positions at Coinmarketcap ranking.
In a nutshell, the ranking at the Coinmarketcap is not a fixed position, it is still an open position for other projects.
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Actually, if I notice, ETH gas is not too expensive lately compared to before.
Maybe the Ethereum network is not as dense as it used to be, because along with the growth of cryptocurrency until now, many new Blockchains have grown, where they compete to provide the best service to the community including this Gas cost.
Back in 2020, 2019, 2017, etc ethereum was basically free to transfer.
One of the main arguments about how ethereum is better than btc was that it was cheap and fast, scalable, etc. Time proved they were wrong, and bitcoin is now much more scalable than ethereum (as it can't even handle current traffic with reasonable fees)
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Back in 2020, 2019, 2017, etc ethereum was basically free to transfer.
One of the main arguments about how ethereum is better than btc was that it was cheap and fast, scalable, etc. Time proved they were wrong, and bitcoin is now much more scalable than ethereum (as it can't even handle current traffic with reasonable fees)
When I started mining ETH in 2017, payments were made constantly on the ETH network
And it was really cheap
I used several pools, but the main one was ethermine
I continued mining until the end of the ETH POW, and in the final months the fees increased a lot, and the solution was to migrate payments to the Polygon network (which I still use today)
I remember insane days of ETH fees where I would receive the equivalent of 1 week of mining in 1 day
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I continued mining until the end of the ETH POW, and in the final months the fees increased a lot, and the solution was to migrate payments to the Polygon network (which I still use today)
I like Polygon too, this is the L2 which I prefer to use. One of the oldest ones, and widely accepted.
I remember insane days of ETH fees where I would receive the equivalent of 1 week of mining in 1 day
That was a good time. I never mined, but certainly it was a good deal.
When POS was created, the only bonus I received was the ETHW coin, the ethereum pow fork, which i sold immediately for a few bucks
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Have you also noticed how high gas fees are lately? $4 for eth transfer and also $16 for other erc20 token transfer why?
Once you have made a decision of making use of the ethereum network, then anything can be the cost for your transaction fee, as we all knew before now that the ethereum network has fee is extremely high, only on few occasions you may discover for a cheaper rate, while on other erc20, you may have to bear the same or even higher cost on them, I don't know if this may change over time in the nearest future or not, but am sure they have their own reasons for all these.
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Actually, if I notice, ETH gas is not too expensive lately compared to before.
Maybe the Ethereum network is not as dense as it used to be, because along with the growth of cryptocurrency until now, many new Blockchains have grown, where they compete to provide the best service to the community including this Gas cost.
Back in 2020, 2019, 2017, etc ethereum was basically free to transfer.
One of the main arguments about how ethereum is better than btc was that it was cheap and fast, scalable, etc. Time proved they were wrong, and bitcoin is now much more scalable than ethereum (as it can't even handle current traffic with reasonable fees)
Yep it is why the move to pos really hurt them. Essentially it allowed a clone type coin (solana) to compete with them.
When they were pow eth essentially did not have the completion because miners like the fees. and purchased more and more and more gpus.
now only large staking makes any money and it cut out tens of thousands of 1 2 and 3 card miners.
Mr V essentially destroyed his coin in the name of woke energy savings.
Now trump and Putin or (USA) and (Russia) are clear going to burn tons of fuel to melt the icecaps which is basically a huge advantage to both the USA and Russia as they hav a ton of frozen land. Canada and Greenland stand to gain by the melting of the caps. Which is why the USA wants to grab them and mr v went green and killed his coin.
Eth may stand a chance once Putin and trump are gone so 2028 or later. for ETH.
If you like eth set buys at 1515-- 1212 -- 1010 maybe lower.
there is no rally in the cards for eth in 2025.
Or maybe my head is up my ass and eth breaks 6000 in under a year.
oh to mr v please give me my 2 lost coins back. you broke Mac wallets back when you resynched the blockchain .
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Avoiding low gas fees, is indeed an obstacle experienced by,, ethereum for a long time and has made improvements, but it has not been able to happen properly and now if, as you say that it can continue to be cheap, then what you said could happen and be crowded again.
But we know that it is indeed difficult to predict because it is inconsistent and when the situation is crowded then it will return again. That is what has been feared all this time. Yes .... we We see the next few months.
if I observe the gas fee depends on traffic and coin price. and that's a few times I also got caught in high gas fees.
For now solana is a cheap network, making the solana network widely used and in demand by investors.
While ethereum in my opinion, still has a high gas fee
The logic that makes sense and is indeed like that for gas fees, is that if in a very, dense traffic situation and also the price is already high, then automatically the gas fee will be high.
But they have tried to fix it, but until now there has been no significant change, and it is still the main obstacle.
You are right not only SOL, but many whose gas fees are currently very cheap and are an alternative to use.
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Avoiding low gas fees, is indeed an obstacle experienced by,, ethereum for a long time and has made improvements, but it has not been able to happen properly and now if, as you say that it can continue to be cheap, then what you said could happen and be crowded again.
But we know that it is indeed difficult to predict because it is inconsistent and when the situation is crowded then it will return again. That is what has been feared all this time. Yes .... we We see the next few months.
if I observe the gas fee depends on traffic and coin price. and that's a few times I also got caught in high gas fees.
For now solana is a cheap network, making the solana network widely used and in demand by investors.
While ethereum in my opinion, still has a high gas fee
The logic that makes sense and is indeed like that for gas fees, is that if in a very, dense traffic situation and also the price is already high, then automatically the gas fee will be high.
But they have tried to fix it, but until now there has been no significant change, and it is still the main obstacle.
You are right not only SOL, but many whose gas fees are currently very cheap and are an alternative to use.
because mr v went pos and practically inventive completition which is now cleaning eth's clock.
all a case of being too smart for your own good.
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The logic that makes sense and is indeed like that for gas fees, is that if in a very, dense traffic situation and also the price is already high, then automatically the gas fee will be high.
But they have tried to fix it, but until now there has been no significant change, and it is still the main obstacle.
You are right not only SOL, but many whose gas fees are currently very cheap and are an alternative to use.
More and more new networks with low gas fees will benefit us as users.
High gas fees have always been a problem for us and we know it has not been resolved until now.
Solana, BNB and TON offer low gas fees, we can choose these networks.
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Avoiding low gas fees, is indeed an obstacle experienced by,, ethereum for a long time and has made improvements, but it has not been able to happen properly and now if, as you say that it can continue to be cheap, then what you said could happen and be crowded again.
But we know that it is indeed difficult to predict because it is inconsistent and when the situation is crowded then it will return again. That is what has been feared all this time. Yes .... we We see the next few months.
if I observe the gas fee depends on traffic and coin price. and that's a few times I also got caught in high gas fees.
For now solana is a cheap network, making the solana network widely used and in demand by investors.
While ethereum in my opinion, still has a high gas fee
The logic that makes sense and is indeed like that for gas fees, is that if in a very, dense traffic situation and also the price is already high, then automatically the gas fee will be high.
But they have tried to fix it, but until now there has been no significant change, and it is still the main obstacle.
You are right not only SOL, but many whose gas fees are currently very cheap and are an alternative to use.
When demand is high, and external conditions are not too favourable, the cost that is likely to be incurred will be high. This has become a frequent practise in so many sectors, including the utilisation of gas. Despite the actions to increase the share, it is not possible to perceive the improvement in full measure in the near future. But there are certain factors that still make this situation persist and they are of a concern to many. However, the situation is still progressive and there are several choices which are gradually offered to us now. As for the demands of consumers, more effective solutions are coming to the market to let us make a switch to a more profitable option. As there are some options available, there is a hope that in the future this situation can be changed for the better for all the parties.
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Avoiding low gas fees, is indeed an obstacle experienced by,, ethereum for a long time and has made improvements, but it has not been able to happen properly and now if, as you say that it can continue to be cheap, then what you said could happen and be crowded again.
But we know that it is indeed difficult to predict because it is inconsistent and when the situation is crowded then it will return again. That is what has been feared all this time. Yes .... we We see the next few months.
if I observe the gas fee depends on traffic and coin price. and that's a few times I also got caught in high gas fees.
For now solana is a cheap network, making the solana network widely used and in demand by investors.
While ethereum in my opinion, still has a high gas fee
The logic that makes sense and is indeed like that for gas fees, is that if in a very, dense traffic situation and also the price is already high, then automatically the gas fee will be high.
But they have tried to fix it, but until now there has been no significant change, and it is still the main obstacle.
You are right not only SOL, but many whose gas fees are currently very cheap and are an alternative to use.
When demand is high, and external conditions are not too favourable, the cost that is likely to be incurred will be high. This has become a frequent practise in so many sectors, including the utilisation of gas. Despite the actions to increase the share, it is not possible to perceive the improvement in full measure in the near future. But there are certain factors that still make this situation persist and they are of a concern to many. However, the situation is still progressive and there are several choices which are gradually offered to us now. As for the demands of consumers, more effective solutions are coming to the market to let us make a switch to a more profitable option. As there are some options available, there is a hope that in the future this situation can be changed for the better for all the parties.
Cannot avoid this reality and all will certainly happen. If demand is indeed high at that time, then it will automatically be that the costs that we may need will follow, including, of course, the cost of gas, which cannot be avoided because of this situation, although, as you said of course, it cannot completely change that in the near future.
I agree with what you said that there will always be profitable options where at any time there could be changes in the future, and we just have to wait for that.
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The logic that makes sense and is indeed like that for gas fees, is that if in a very, dense traffic situation and also the price is already high, then automatically the gas fee will be high.
But they have tried to fix it, but until now there has been no significant change, and it is still the main obstacle.
You are right not only SOL, but many whose gas fees are currently very cheap and are an alternative to use.
More and more new networks with low gas fees will benefit us as users.
High gas fees have always been a problem for us and we know it has not been resolved until now.
Solana, BNB and TON offer low gas fees, we can choose these networks.
It seems that gas costs can also enter the competition where small investors prefer to be on a network that has low gas costs to transact.
And it is undeniable that there are many complaints about high gas costs. Because sometimes small investors like us think about gas costs and it is impossible for us to transact while the costs we have to spend are higher than what is transacted.
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It seems that gas costs can also enter the competition where small investors prefer to be on a network that has low gas costs to transact.
And it is undeniable that there are many complaints about high gas costs. Because sometimes small investors like us think about gas costs and it is impossible for us to transact while the costs we have to spend are higher than what is transacted.
If there is an option to use a network with low Gas fees, of course everyone will choose that. Small investors or big investors are the same, they have calculations which can generate greater profits then that will be chosen. Now Ethereum layer2 has many choices, to get cheaper Gas fees.
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In this week, gas fees of ethereum drop significant and bigger opportunity for any people hold their ERC20 coins for sending to CEX exchange or swap at UNISWAP dex. Its difficult found of gas fees under 1 GWEI although for today have increasing again above 2 GWEI. I don't know when holding or receiving ERC20 coins from airdrop or bounty gas fees increasing drastically but when my coins have been sold gas fee decreasing.
If you still hold any coins with ethereum network now is the right time moving to CEX exchange and spend few cent dollar only for sending it.
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It seems that gas costs can also enter the competition where small investors prefer to be on a network that has low gas costs to transact.
And it is undeniable that there are many complaints about high gas costs. Because sometimes small investors like us think about gas costs and it is impossible for us to transact while the costs we have to spend are higher than what is transacted.
If there is an option to use a network with low Gas fees, of course everyone will choose that. Small investors or big investors are the same, they have calculations which can generate greater profits then that will be chosen. Now Ethereum layer2 has many choices, to get cheaper Gas fees.
The best choice will definitely be chosen, and also usually we will also take the option of high network costs as long as it is profitable and usually I myself use it more in the long term.
Big investors may not think about that, because the amount they put in as an investment is also very large, so the costs they have to spend are not much, unlike small investors.
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In this week, gas fees of ethereum drop significant and bigger opportunity for any people hold their ERC20 coins for sending to CEX exchange or swap at UNISWAP dex. Its difficult found of gas fees under 1 GWEI although for today have increasing again above 2 GWEI. I don't know when holding or receiving ERC20 coins from airdrop or bounty gas fees increasing drastically but when my coins have been sold gas fee decreasing.
If you still hold any coins with ethereum network now is the right time moving to CEX exchange and spend few cent dollar only for sending it.
It seems that the Ethereum Gas price is now very different from before, maybe the use of the Ethereum network has decreased or maybe because of the tight network competition so that Ethereum lowers its Ethereum Gas Fee. what is certain is that lately the Ethereum Gas fee is very cheap in my opinion compared to before.
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In this week, gas fees of ethereum drop significant and bigger opportunity for any people hold their ERC20 coins for sending to CEX exchange or swap at UNISWAP dex. Its difficult found of gas fees under 1 GWEI although for today have increasing again above 2 GWEI. I don't know when holding or receiving ERC20 coins from airdrop or bounty gas fees increasing drastically but when my coins have been sold gas fee decreasing.
If you still hold any coins with ethereum network now is the right time moving to CEX exchange and spend few cent dollar only for sending it.
It seems that the Ethereum Gas price is now very different from before, maybe the use of the Ethereum network has decreased or maybe because of the tight network competition so that Ethereum lowers its Ethereum Gas Fee. what is certain is that lately the Ethereum Gas fee is very cheap in my opinion compared to before.
Yes, that is real, and it is undeniable with that fact, because no matter what, it is certain that there will be an impact, because now there are many networks available at very good prices if they do not make changes and improvements, then it is possible that there will be fewer people who will use the network and that will still have an impact in the future. So it is possible that there have been significant improvements made by them in order to compete well.
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In this week, gas fees of ethereum drop significant and bigger opportunity for any people hold their ERC20 coins for sending to CEX exchange or swap at UNISWAP dex. Its difficult found of gas fees under 1 GWEI although for today have increasing again above 2 GWEI. I don't know when holding or receiving ERC20 coins from airdrop or bounty gas fees increasing drastically but when my coins have been sold gas fee decreasing.
If you still hold any coins with ethereum network now is the right time moving to CEX exchange and spend few cent dollar only for sending it.
It seems that the Ethereum Gas price is now very different from before, maybe the use of the Ethereum network has decreased or maybe because of the tight network competition so that Ethereum lowers its Ethereum Gas Fee. what is certain is that lately the Ethereum Gas fee is very cheap in my opinion compared to before.
Yes, that is real, and it is undeniable with that fact, because no matter what, it is certain that there will be an impact, because now there are many networks available at very good prices if they do not make changes and improvements, then it is possible that there will be fewer people who will use the network and that will still have an impact in the future. So it is possible that there have been significant improvements made by them in order to compete well.
A network, even if it is old, if there is no improvement, it will not be able to compete with a new network that offers advantages, cheap gas fees and fast transactions without tribles, which are considerations for investors in choosing a network.
As a user, I am also looking for a cheap network, honestly like that
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It seems that the Ethereum Gas price is now very different from before, maybe the use of the Ethereum network has decreased or maybe because of the tight network competition so that Ethereum lowers its Ethereum Gas Fee. what is certain is that lately the Ethereum Gas fee is very cheap in my opinion compared to before.
Huge difference from before usually GWEI raise up to 40 until 100 and in this month decreasing under 1 GWEI with worth its fees for transaction spending under $1. I remember well when claiming and swapping my Research hub coins take almost 40$ for fees only due that coins only have dapp exchange for selling coins.
But after all my ERC20 coins sold out right now fee of Eth huge decreasing significant and yesterday drop under around 0.7 GWEI, I am excited with new coins launching have ERC network due still have lower fees for sending or swap directly at dapp exchange.
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But after all my ERC20 coins sold out right now fee of Eth huge decreasing significant and yesterday drop under around 0.7 GWEI, I am excited with new coins launching have ERC network due still have lower fees for sending or swap directly at dapp exchange.
That sounds great, sounds cheaper than a few years ago. Although if the network gets busy again it's questionable whether ETH can force the fees to be as cheap as that. At the very least you don't have to spend $20 just to withdraw from an exchange. I remember seeing the withdrawal fees for an ETH token a few weeks ago. It's expensive for a token which shouldn't cost that much because the contract call shouldn't be that complex. To be fair exchange can do that on purpose to get more fees.
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But after all my ERC20 coins sold out right now fee of Eth huge decreasing significant and yesterday drop under around 0.7 GWEI, I am excited with new coins launching have ERC network due still have lower fees for sending or swap directly at dapp exchange.
That sounds great, sounds cheaper than a few years ago. Although if the network gets busy again it's questionable whether ETH can force the fees to be as cheap as that. At the very least you don't have to spend $20 just to withdraw from an exchange. I remember seeing the withdrawal fees for an ETH token a few weeks ago. It's expensive for a token which shouldn't cost that much because the contract call shouldn't be that complex. To be fair exchange can do that on purpose to get more fees.
Recently gas fees of ethereum right now most cheapest than last several years ago how decreasing drastically under 1 gwei with current gwei under 0.6 gwei. Not much fees spending if want sent any ERC20 coin or make swap at Uniswap exchange as usually we spent more than 10$ for swapping coins.
But after gas fee decreasing drastically right now difficult found any new coins or airdrop launching with ERC20 network and most of them use other network, I think more profitable if any new coins launch at ERC20 network and have opportunity for arbitrage if listing at CEX exchange.
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It seems that the Ethereum Gas price is now very different from before, maybe the use of the Ethereum network has decreased or maybe because of the tight network competition so that Ethereum lowers its Ethereum Gas Fee. what is certain is that lately the Ethereum Gas fee is very cheap in my opinion compared to before.
There isn't a person in the backstage that decides to lower gas fees.
It is supply and demand... THere is a limited space per block.
If lots of people wants to make transactions, they have to pay more. The point is that fewer people are using ethereum, so gas price lowered
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But after all my ERC20 coins sold out right now fee of Eth huge decreasing significant and yesterday drop under around 0.7 GWEI, I am excited with new coins launching have ERC network due still have lower fees for sending or swap directly at dapp exchange.
That sounds great, sounds cheaper than a few years ago. Although if the network gets busy again it's questionable whether ETH can force the fees to be as cheap as that. At the very least you don't have to spend $20 just to withdraw from an exchange. I remember seeing the withdrawal fees for an ETH token a few weeks ago. It's expensive for a token which shouldn't cost that much because the contract call shouldn't be that complex. To be fair exchange can do that on purpose to get more fees.
Recently gas fees of ethereum right now most cheapest than last several years ago how decreasing drastically under 1 gwei with current gwei under 0.6 gwei. Not much fees spending if want sent any ERC20 coin or make swap at Uniswap exchange as usually we spent more than 10$ for swapping coins.
But after gas fee decreasing drastically right now difficult found any new coins or airdrop launching with ERC20 network and most of them use other network, I think more profitable if any new coins launch at ERC20 network and have opportunity for arbitrage if listing at CEX exchange.
I think what you said is true: There has indeed been a good change to the Ethereum network, but because most of the disappointments were obtained before, many still doubt that there will be consistency for there to be changes in gas fees.
It is not surprising that even though it has decreased, many have not dared to use the network even though it is very profitable to use the ERC20 network.
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It seems that the Ethereum Gas price is now very different from before, maybe the use of the Ethereum network has decreased or maybe because of the tight network competition so that Ethereum lowers its Ethereum Gas Fee. what is certain is that lately the Ethereum Gas fee is very cheap in my opinion compared to before.
There isn't a person in the backstage that decides to lower gas fees.
It is supply and demand... THere is a limited space per block.
If lots of people wants to make transactions, they have to pay more. The point is that fewer people are using ethereum, so gas price lowered
That's what I mean, now there are many new Blockchains that offer low transaction fees. In the new Blockchain there is also a lot of potential to make a profit, people see this and finally come in. Ethereum which was initially much debated because of the expensive Gas costs was finally abandoned little by little, and this had an effect on the decline in ETH Gas.
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But after all my ERC20 coins sold out right now fee of Eth huge decreasing significant and yesterday drop under around 0.7 GWEI, I am excited with new coins launching have ERC network due still have lower fees for sending or swap directly at dapp exchange.
That sounds great, sounds cheaper than a few years ago. Although if the network gets busy again it's questionable whether ETH can force the fees to be as cheap as that. At the very least you don't have to spend $20 just to withdraw from an exchange. I remember seeing the withdrawal fees for an ETH token a few weeks ago. It's expensive for a token which shouldn't cost that much because the contract call shouldn't be that complex. To be fair exchange can do that on purpose to get more fees.
Recently gas fees of ethereum right now most cheapest than last several years ago how decreasing drastically under 1 gwei with current gwei under 0.6 gwei. Not much fees spending if want sent any ERC20 coin or make swap at Uniswap exchange as usually we spent more than 10$ for swapping coins.
But after gas fee decreasing drastically right now difficult found any new coins or airdrop launching with ERC20 network and most of them use other network, I think more profitable if any new coins launch at ERC20 network and have opportunity for arbitrage if listing at CEX exchange.
I think what you said is true: There has indeed been a good change to the Ethereum network, but because most of the disappointments were obtained before, many still doubt that there will be consistency for there to be changes in gas fees.
It is not surprising that even though it has decreased, many have not dared to use the network even though it is very profitable to use the ERC20 network.
Some people are interested in a new network primarily focused on how effective a network is at solving currently existing problems. It is therefore expected that most users are yet to go back to the ethereum platform given that high gas fees have remained a hurdle for several years. Though there has been a change in direction, it will not take long for the image to be mended. It is for this reason that you may also see other networks becoming more prominent by outcompeting them and providing cheaper and more effective solutions. On the other hand, it still enjoys a prevailing ecosystem that is still relatively more secure than some of the relatively new blockchains. If all of these positive changes would be realised in a proper and steady manner, Ethereum may continue to be chosen in the future.
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That's what I mean, now there are many new Blockchains that offer low transaction fees. In the new Blockchain there is also a lot of potential to make a profit, people see this and finally come in. Ethereum which was initially much debated because of the expensive Gas costs was finally abandoned little by little, and this had an effect on the decline in ETH Gas.
I think competitive a lot of new blockchain have offer most lower fees transaction giving advantage for any new project will choose network have lower fees.
Have been longer time for Ethereum get decreasing fees transaction and right now keep stable under 0.7 gwei make new history most cheapest fee by using Ethereum network.
But some time, Ethereum get high decreasing of fee transaction when have new project launching and releasing any airdrop for claiming coins with Ethereum network.
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That's what I mean, now there are many new Blockchains that offer low transaction fees. In the new Blockchain there is also a lot of potential to make a profit, people see this and finally come in. Ethereum which was initially much debated because of the expensive Gas costs was finally abandoned little by little, and this had an effect on the decline in ETH Gas.
I think competitive a lot of new blockchain have offer most lower fees transaction giving advantage for any new project will choose network have lower fees.
Have been longer time for Ethereum get decreasing fees transaction and right now keep stable under 0.7 gwei make new history most cheapest fee by using Ethereum network.
But some time, Ethereum get high decreasing of fee transaction when have new project launching and releasing any airdrop for claiming coins with Ethereum network.
The idea of competing in the blockchain market becomes more challenging with the presence of new networks that provide higher efficiency in the transactions. We believe that ethereum continues to compete with different enhancements that were able to ensure that the cost of each transaction is still low. The stability that is now arising is indeed good for this ecosystem though there are some conditions that cause cost to rise high in few instances especially when much traffic is incurred on the network. Thus, there are quite appealing offerings by each of the various innovations; moreover, Ethereum still retains its position with clips of the total number of ongoing projects that are still attracted to this network.
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That's what I mean, now there are many new Blockchains that offer low transaction fees. In the new Blockchain there is also a lot of potential to make a profit, people see this and finally come in. Ethereum which was initially much debated because of the expensive Gas costs was finally abandoned little by little, and this had an effect on the decline in ETH Gas.
I think competitive a lot of new blockchain have offer most lower fees transaction giving advantage for any new project will choose network have lower fees.
Have been longer time for Ethereum get decreasing fees transaction and right now keep stable under 0.7 gwei make new history most cheapest fee by using Ethereum network.
But some time, Ethereum get high decreasing of fee transaction when have new project launching and releasing any airdrop for claiming coins with Ethereum network.
This is what crypto users, especially the Ethereum network, have been waiting for. With the release of Ethereum layer 2, there are indeed many options for us to take advantage of, and this competition is certainly positive. While the increase in ETH Gas Returns when a new coin is launched, this occurs due to increased activity on the network.
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That's what I mean, now there are many new Blockchains that offer low transaction fees. In the new Blockchain there is also a lot of potential to make a profit, people see this and finally come in. Ethereum which was initially much debated because of the expensive Gas costs was finally abandoned little by little, and this had an effect on the decline in ETH Gas.
I think competitive a lot of new blockchain have offer most lower fees transaction giving advantage for any new project will choose network have lower fees.
Have been longer time for Ethereum get decreasing fees transaction and right now keep stable under 0.7 gwei make new history most cheapest fee by using Ethereum network.
But some time, Ethereum get high decreasing of fee transaction when have new project launching and releasing any airdrop for claiming coins with Ethereum network.
Truly ture. I noticed, the Ethereum network transaction fee is also decreasing. and it is now even below 1gwei. and this has been happening for a long time, that the gas fee for transactions on the Ethereum network has really decreased drastically, If this had happened a long time ago, then the performance of the Ethereum blockchain would not have been left behind so much now. because various new projects prefer Solana or BNB for their blockchain networks, the reason is because of the gas fee. But now Ethereum is almost the same as them, will Ethereum's glory days be repeated again?
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This is what crypto users, especially the Ethereum network, have been waiting for. With the release of Ethereum layer 2, there are indeed many options for us to take advantage of, and this competition is certainly positive. While the increase in ETH Gas Returns when a new coin is launched, this occurs due to increased activity on the network.
Ethereum layer 2 may bring many advantages, but the main advantage to expect is for the lower of transfer fees. I'm sure Vitalik already thinks about the lowering the transfer fees of Ethereum. If it is still expensive, people may totally leave Ethereum network. Now, there are many networks that have cheap transfer fees. Solana, BEP20, Tron, and many other platforms have cheaper fees.
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This is what crypto users, especially the Ethereum network, have been waiting for. With the release of Ethereum layer 2, there are indeed many options for us to take advantage of, and this competition is certainly positive. While the increase in ETH Gas Returns when a new coin is launched, this occurs due to increased activity on the network.
Ethereum layer 2 may bring many advantages, but the main advantage to expect is for the lower of transfer fees. I'm sure Vitalik already thinks about the lowering the transfer fees of Ethereum. If it is still expensive, people may totally leave Ethereum network. Now, there are many networks that have cheap transfer fees. Solana, BEP20, Tron, and many other platforms have cheaper fees.
In this cryptocurrency, it is flexible if we want to do something. There are many ways we can do to outsmart expensive transfer fees. However, there are things we cannot do, so we have no choice but to use the network. Crypto project developers must think about this, because they also need a large community and visitors. If people are disappointed with one of the networks because of its disappointing service, then it will be a loss for the project as well.
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This is what crypto users, especially the Ethereum network, have been waiting for. With the release of Ethereum layer 2, there are indeed many options for us to take advantage of, and this competition is certainly positive. While the increase in ETH Gas Returns when a new coin is launched, this occurs due to increased activity on the network.
Ethereum layer 2 may bring many advantages, but the main advantage to expect is for the lower of transfer fees. I'm sure Vitalik already thinks about the lowering the transfer fees of Ethereum. If it is still expensive, people may totally leave Ethereum network. Now, there are many networks that have cheap transfer fees. Solana, BEP20, Tron, and many other platforms have cheaper fees.
In this cryptocurrency, it is flexible if we want to do something. There are many ways we can do to outsmart expensive transfer fees. However, there are things we cannot do, so we have no choice but to use the network. Crypto project developers must think about this, because they also need a large community and visitors. If people are disappointed with one of the networks because of its disappointing service, then it will be a loss for the project as well.
Network projects do need positive assessments from their users.
Therefore, dev projects must think about the network services they build.
High gas fees and frequent congestion will make users leave the project.
Currently I see Solana and Binance Smart Chain doing their jobs well
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Network projects do need positive assessments from their users.
Therefore, dev projects must think about the network services they build.
High gas fees and frequent congestion will make users leave the project.
Currently I see Solana and Binance Smart Chain doing their jobs well
Compared to others, Solana and Binance Smart chain are indeed the two most popular Blockchains. They have cheap transaction fees and good transaction speeds. But unfortunately for Solana, this Blockchain often experiences errors if there is a significant spike in activity. So before we make a transaction, we must first check whether the network connection is good or not.
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Network projects do need positive assessments from their users.
Therefore, dev projects must think about the network services they build.
High gas fees and frequent congestion will make users leave the project.
Currently I see Solana and Binance Smart Chain doing their jobs well
Compared to others, Solana and Binance Smart chain are indeed the two most popular Blockchains. They have cheap transaction fees and good transaction speeds. But unfortunately for Solana, this Blockchain often experiences errors if there is a significant spike in activity. So before we make a transaction, we must first check whether the network connection is good or not.
I think it's natural that Solana can often experience errors because almost all new projects come from the Solana network. Besides that, the costs are also cheap, just like Binance. I agree that both are very popular, and the network is widely used because of the speed and cheapness obtained from the network and is the target of all new projects. But in any case, in my opinion, Binance is still the best so far.
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I think what you said is true: There has indeed been a good change to the Ethereum network, but because most of the disappointments were obtained before, many still doubt that there will be consistency for there to be changes in gas fees.
It is not surprising that even though it has decreased, many have not dared to use the network even though it is very profitable to use the ERC20 network.
This reduction in fees is like that because the network isn't busy, if today the gwei spark up again, the network fee will goes up and it will be difficult for to even make transaction but is saving the network now is that most of the hype meme coins are no longer there again, they have migrated to Solana and the network now feels empty like there is nothing going on.
In addition, the layer 2 network are also contributing to this reduction in the fees. Had it been those layer 2 doesn't exist in the first place, Ethereum chain will be difficult to use but because the chain will be competition to comfirm transaction.
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I think what you said is true: There has indeed been a good change to the Ethereum network, but because most of the disappointments were obtained before, many still doubt that there will be consistency for there to be changes in gas fees.
It is not surprising that even though it has decreased, many have not dared to use the network even though it is very profitable to use the ERC20 network.
This reduction in fees is like that because the network isn't busy, if today the gwei spark up again, the network fee will goes up and it will be difficult for to even make transaction but is saving the network now is that most of the hype meme coins are no longer there again, they have migrated to Solana and the network now feels empty like there is nothing going on.
In addition, the layer 2 network are also contributing to this reduction in the fees. Had it been those layer 2 doesn't exist in the first place, Ethereum chain will be difficult to use but because the chain will be competition to comfirm transaction.
You are right that fees will be expensive during high traffic, but with many hyped meme coins using alternative networks like solana, we see the network seem to be decreasing on ethereum.
new networks will be a pretty good alternative option for users and we can take advantage of it.
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You are right that fees will be expensive during high traffic, but with many hyped meme coins using alternative networks like solana, we see the network seem to be decreasing on ethereum.
new networks will be a pretty good alternative option for users and we can take advantage of it.
Even though Ethereum still remains the network within which most altcoins are based, the advancement in the blockchain technology has created room for other networks to compete based on efficiency. However, what we may see in some aspects is a decline of Ethereum’s dominance in some of these sectors due to shifting more projects to networks like Solana that manage to take on those responsibilities at a lower cost and with slightly faster speeds. It definitely provides more possibilities of alternatives to ensure that the market plans of the users and investors are altered to encompass the changes that come with time. But that is still an advantage of Ethereum, so this means that this competition can actually push further innovations in the whole ecosystem.
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I think it's natural that Solana can often experience errors because almost all new projects come from the Solana network. Besides that, the costs are also cheap, just like Binance. I agree that both are very popular, and the network is widely used because of the speed and cheapness obtained from the network and is the target of all new projects. But in any case, in my opinion, Binance is still the best so far.
In fact, Ethereum GAS Fees have started to become cheap and affordable, this is because traffic on the Blockchain is not as dense as before. The many new tokens on the network other than Ethereum make traffic loose and ultimately have an impact on cheap GAS fees.
Binance Smart Chain is indeed a good Blockchain, cheap and the transaction speed is also fast.
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I think it's natural that Solana can often experience errors because almost all new projects come from the Solana network. Besides that, the costs are also cheap, just like Binance. I agree that both are very popular, and the network is widely used because of the speed and cheapness obtained from the network and is the target of all new projects. But in any case, in my opinion, Binance is still the best so far.
In fact, Ethereum GAS Fees have started to become cheap and affordable, this is because traffic on the Blockchain is not as dense as before. The many new tokens on the network other than Ethereum make traffic loose and ultimately have an impact on cheap GAS fees.
Binance Smart Chain is indeed a good Blockchain, cheap and the transaction speed is also fast.
Yeah, even though ETH does some developments and keeps their diaries going, it's not as talked about as SOL currently. At least in spaces I am a part of.
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In fact, Ethereum GAS Fees have started to become cheap and affordable, this is because traffic on the Blockchain is not as dense as before. The many new tokens on the network other than Ethereum make traffic loose and ultimately have an impact on cheap GAS fees.
Binance Smart Chain is indeed a good Blockchain, cheap and the transaction speed is also fast.
Seems more stable with ethereum gas fees under 0,6 gwei almost one month, benefit for ethereum network coin when swapping at dex exchange just spend few cent fees only as usually we must spent higher fees every transaction. Usually if high traffic of Ethereum network bring impact for gas fees raise up and we must spent much fee for transaction, have been one month we just spent few cent only for sending ethereum coin network.
For BNB have been stable become cheapest network fees, difference with ETH just stable at cheapest gas fee just few months ago with usually high fees for transaction.
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In fact, Ethereum GAS Fees have started to become cheap and affordable, this is because traffic on the Blockchain is not as dense as before. The many new tokens on the network other than Ethereum make traffic loose and ultimately have an impact on cheap GAS fees.
Binance Smart Chain is indeed a good Blockchain, cheap and the transaction speed is also fast.
Seems more stable with ethereum gas fees under 0,6 gwei almost one month, benefit for ethereum network coin when swapping at dex exchange just spend few cent fees only as usually we must spent higher fees every transaction. Usually if high traffic of Ethereum network bring impact for gas fees raise up and we must spent much fee for transaction, have been one month we just spent few cent only for sending ethereum coin network.
For BNB have been stable become cheapest network fees, difference with ETH just stable at cheapest gas fee just few months ago with usually high fees for transaction.
ETH is just not pumped and not on the rally, currently.
It's not its time yet, that's how I see it and why the network isn't congested.
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In fact, Ethereum GAS Fees have started to become cheap and affordable, this is because traffic on the Blockchain is not as dense as before. The many new tokens on the network other than Ethereum make traffic loose and ultimately have an impact on cheap GAS fees.
Binance Smart Chain is indeed a good Blockchain, cheap and the transaction speed is also fast.
Seems more stable with ethereum gas fees under 0,6 gwei almost one month, benefit for ethereum network coin when swapping at dex exchange just spend few cent fees only as usually we must spent higher fees every transaction. Usually if high traffic of Ethereum network bring impact for gas fees raise up and we must spent much fee for transaction, have been one month we just spent few cent only for sending ethereum coin network.
For BNB have been stable become cheapest network fees, difference with ETH just stable at cheapest gas fee just few months ago with usually high fees for transaction.
Now making transactions on the Ethereum network does not have to worry anymore because it is cheap gwei nya several times doing bridges do not spend more fees, meaning that now interacting in many ETH network Dapps is no longer anxious maybe because of the effect of falling prices and low traffic?
But this is good enough to utilize dex on the ETH network for potential airdrops in the future.
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In fact, Ethereum GAS Fees have started to become cheap and affordable, this is because traffic on the Blockchain is not as dense as before. The many new tokens on the network other than Ethereum make traffic loose and ultimately have an impact on cheap GAS fees.
Binance Smart Chain is indeed a good Blockchain, cheap and the transaction speed is also fast.
Seems more stable with ethereum gas fees under 0,6 gwei almost one month, benefit for ethereum network coin when swapping at dex exchange just spend few cent fees only as usually we must spent higher fees every transaction. Usually if high traffic of Ethereum network bring impact for gas fees raise up and we must spent much fee for transaction, have been one month we just spent few cent only for sending ethereum coin network.
For BNB have been stable become cheapest network fees, difference with ETH just stable at cheapest gas fee just few months ago with usually high fees for transaction.
Now making transactions on the Ethereum network does not have to worry anymore because it is cheap gwei nya several times doing bridges do not spend more fees, meaning that now interacting in many ETH network Dapps is no longer anxious maybe because of the effect of falling prices and low traffic?
But this is good enough to utilize dex on the ETH network for potential airdrops in the future.
There are indeed many ways to use the ethereum network with low gas fees as you said. However, many investors also prefer other networks that also offer lower gas fees. And currently investors prefer meme coins that are currently hyped. And most meme coins use the BSC and solana networks.
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In fact, Ethereum GAS Fees have started to become cheap and affordable, this is because traffic on the Blockchain is not as dense as before. The many new tokens on the network other than Ethereum make traffic loose and ultimately have an impact on cheap GAS fees.
Binance Smart Chain is indeed a good Blockchain, cheap and the transaction speed is also fast.
Seems more stable with ethereum gas fees under 0,6 gwei almost one month, benefit for ethereum network coin when swapping at dex exchange just spend few cent fees only as usually we must spent higher fees every transaction. Usually if high traffic of Ethereum network bring impact for gas fees raise up and we must spent much fee for transaction, have been one month we just spent few cent only for sending ethereum coin network.
For BNB have been stable become cheapest network fees, difference with ETH just stable at cheapest gas fee just few months ago with usually high fees for transaction.
Now making transactions on the Ethereum network does not have to worry anymore because it is cheap gwei nya several times doing bridges do not spend more fees, meaning that now interacting in many ETH network Dapps is no longer anxious maybe because of the effect of falling prices and low traffic?
But this is good enough to utilize dex on the ETH network for potential airdrops in the future.
This does bring quite interesting changes to the Ethereum environment that is happening now. In fact, comparing to the relatively high charges by rest of the platforms, low transaction fees are more convenient for users aiming to engage with various applications. When growth slows down in the market place there are areas that one can be able to take advantage of such as in a bid to consider several services that one may have discarded earlier due to factors such as charges. This indeed makes the configuration to offer a more comfortable experience to individuals who would like to engage in active participation in the Ethereum network without having to worry much about the high gas fees. Indeed, those Axie Infinity, CryptoKitties and other game players will effectively seize this opportunity.
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But this is good enough to utilize dex on the ETH network for potential airdrops in the future.
It's not REALLY :D cheap, but it's better than before
I'm making some txs on mainnet because some projects look at your history in mainnet to see if you're sybil or not
But I'm paying sub 1 USD at least
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But this is good enough to utilize dex on the ETH network for potential airdrops in the future.
It's not REALLY :D cheap, but it's better than before
I'm making some txs on mainnet because some projects look at your history in mainnet to see if you're sybil or not
But I'm paying sub 1 USD at least
Not to much expensive spending or paying $1 for bridge or swap by using ethereum network, although still expensive than other network but ethereum gas fees have significant decreasing and for sending coins just take few cent only.
Little disappointed why right now gas fees of ethereum have significant dumping or most cheapest when the arbitrage moment almost over,
maybe last year we found many coins at dapp exchange have lower price but difference at cex exchange, we can earn much profitable if arbitrage but have problem by paying high gas fees transaction.
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...
But this is good enough to utilize dex on the ETH network for potential airdrops in the future.
It's not REALLY :D cheap, but it's better than before
I'm making some txs on mainnet because some projects look at your history in mainnet to see if you're sybil or not
But I'm paying sub 1 USD at least
Not to much expensive spending or paying $1 for bridge or swap by using ethereum network, although still expensive than other network but ethereum gas fees have significant decreasing and for sending coins just take few cent only.
Little disappointed why right now gas fees of ethereum have significant dumping or most cheapest when the arbitrage moment almost over,
maybe last year we found many coins at dapp exchange have lower price but difference at cex exchange, we can earn much profitable if arbitrage but have problem by paying high gas fees transaction.
Expensive Fgee Gas is always a problem and material consideration for using the network. At present the ethereum gas fee has decreased and can be said to be cheap, but this is due to decreased traffic or due to improvement from the Ethereum network by its developers.
Currently there are many good networks so users can choose the preferred network
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You are right that fees will be expensive during high traffic, but with many hyped meme coins using alternative networks like solana, we see the network seem to be decreasing on ethereum.
new networks will be a pretty good alternative option for users and we can take advantage of it.
Even though Ethereum still remains the network within which most altcoins are based, the advancement in the blockchain technology has created room for other networks to compete based on efficiency. However, what we may see in some aspects is a decline of Ethereum’s dominance in some of these sectors due to shifting more projects to networks like Solana that manage to take on those responsibilities at a lower cost and with slightly faster speeds. It definitely provides more possibilities of alternatives to ensure that the market plans of the users and investors are altered to encompass the changes that come with time. But that is still an advantage of Ethereum, so this means that this competition can actually push further innovations in the whole ecosystem.
the rise of alternative blockchain networks present both challenges and opportunities for Ethereum. While Ethereum dominance may decline in some sectors, the competition driven innovation will likely lead to improvement in the overall ecosystem. As the blockchain landscape continues to evolve, it's essential to monitor the development and adaptation of Ethereum and its competitors.
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But this is good enough to utilize dex on the ETH network for potential airdrops in the future.
It's not REALLY :D cheap, but it's better than before
I'm making some txs on mainnet because some projects look at your history in mainnet to see if you're sybil or not
But I'm paying sub 1 USD at least
Well, at least it's cheaper. Lol
Let's do more transactions on the mainnet because now the project always detects a lot from how often to tx on the mainnet, if only a little then it is considered sybil.
Like tx on the ETH mainnet is more important in my opinion.
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You are right that fees will be expensive during high traffic, but with many hyped meme coins using alternative networks like solana, we see the network seem to be decreasing on ethereum.
new networks will be a pretty good alternative option for users and we can take advantage of it.
Even though Ethereum still remains the network within which most altcoins are based, the advancement in the blockchain technology has created room for other networks to compete based on efficiency. However, what we may see in some aspects is a decline of Ethereum’s dominance in some of these sectors due to shifting more projects to networks like Solana that manage to take on those responsibilities at a lower cost and with slightly faster speeds. It definitely provides more possibilities of alternatives to ensure that the market plans of the users and investors are altered to encompass the changes that come with time. But that is still an advantage of Ethereum, so this means that this competition can actually push further innovations in the whole ecosystem.
the rise of alternative blockchain networks present both challenges and opportunities for Ethereum. While Ethereum dominance may decline in some sectors, the competition driven innovation will likely lead to improvement in the overall ecosystem. As the blockchain landscape continues to evolve, it's essential to monitor the development and adaptation of Ethereum and its competitors.
This is certainly good news because there will be more alternatives that many people can use to use the network by looking for good and cheap alternatives, of course.
You may be right that Ethereum’s dominance may be quite low in some sectors, but in my opinion, it does not deter many who still use Ethereum to this day, because, after all, Ethereum is still the best for altcoins.
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Well, at least it's cheaper. Lol
Let's do more transactions on the mainnet because now the project always detects a lot from how often to tx on the mainnet, if only a little then it is considered sybil.
Like tx on the ETH mainnet is more important in my opinion.
Lets do more transaction of Ethereum network coins right now during have extra ordinary cheapest fees,
difficult can make a lot of transaction of Ethereum network last one or two years ago with most cheapest fees transaction as nowadays how most cheapest fees transaction under 0.5 gas gwei and actually spending fund under $1 we can make many time transaction.
If you have old coins and available for selling at cex market, moving right now to your exchange market account and hold there afraid in the future gas fees transaction of Ethereum will increase up again.
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Well, at least it's cheaper. Lol
Let's do more transactions on the mainnet because now the project always detects a lot from how often to tx on the mainnet, if only a little then it is considered sybil.
Like tx on the ETH mainnet is more important in my opinion.
Lets do more transaction of Ethereum network coins right now during have extra ordinary cheapest fees,
difficult can make a lot of transaction of Ethereum network last one or two years ago with most cheapest fees transaction as nowadays how most cheapest fees transaction under 0.5 gas gwei and actually spending fund under $1 we can make many time transaction.
If you have old coins and available for selling at cex market, moving right now to your exchange market account and hold there afraid in the future gas fees transaction of Ethereum will increase up again.
While I'm happy with the cheap gasfee, I'm sick of seeing Ethereum's price drop below $2000 again when bitcoin is experiencing a slight correction.
As it is if bitcoin falls further lower then there is a possibility that it could drop back down to $1500 for Ethereum.
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This is certainly good news because there will be more alternatives that many people can use to use the network by looking for good and cheap alternatives, of course.
You may be right that Ethereum’s dominance may be quite low in some sectors, but in my opinion, it does not deter many who still use Ethereum to this day, because, after all, Ethereum is still the best for altcoins.
Ethereum is still the best for Altcoin because it is still the first Altcoin and occupies the second rank after Bitcoin. But now many competitors who believe in Ethereum, many networks are starting to hype like Solana and Ton. And Solana has shown its class as the most ppular new network with a hype token meme using Solana's network.
But many big investors still believe and Hold Ethereum, so I think Ethereum is still a potential coin to have.
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If you have old coins and available for selling at cex market, moving right now to your exchange market account and hold there afraid in the future gas fees transaction of Ethereum will increase up again.
Are you serious? In order to save fees that will most likely be less than $20 at worst, you risk transferring your coins to a centralized service that could go bankrupt/hack/freeze your balance for no reason?
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This is certainly good news because there will be more alternatives that many people can use to use the network by looking for good and cheap alternatives, of course.
You may be right that Ethereum’s dominance may be quite low in some sectors, but in my opinion, it does not deter many who still use Ethereum to this day, because, after all, Ethereum is still the best for altcoins.
Ethereum is still the best for Altcoin because it is still the first Altcoin and occupies the second rank after Bitcoin. But now many competitors who believe in Ethereum, many networks are starting to hype like Solana and Ton. And Solana has shown its class as the most ppular new network with a hype token meme using Solana's network.
But many big investors still believe and Hold Ethereum, so I think Ethereum is still a potential coin to have.
With the many telegram mini-games, many new networks are starting to enliven the meme market. Previously there was Ton, and now it is growing bigger and is more preferred by SOL.
But every day, it is increasingly felt that the network for memes is not so popular and is starting to be abandoned because many projects are only pursuing profits for Dev.
I agree with you that there are still many investors who still believe in Ethereum even though there may be problems with gas fees that occur, but it is still better than its past.
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I agree with you that there are still many investors who still believe in Ethereum even though there may be problems with gas fees that occur, but it is still better than its past.
Actually, for now, the gas fee for the Ethereum network has been decreasing in its fee rate. Even only around 0.5 gwei to 0.8 gwei for priority. There has been a lot of progress and development in the Ethereum network. And it has started to compete with other blockchain networks.
The only thing we don't know yet is how it will be in the future when ETH has skyrocketed again and when this coin is in the altcoin season era. Because it is true that when alt season is like that, the gas gwei will also jump very drastically. So, let's wait for what will happen in the future.
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I agree with you that there are still many investors who still believe in Ethereum even though there may be problems with gas fees that occur, but it is still better than its past.
Actually, for now, the gas fee for the Ethereum network has been decreasing in its fee rate. Even only around 0.5 gwei to 0.8 gwei for priority. There has been a lot of progress and development in the Ethereum network. And it has started to compete with other blockchain networks.
The only thing we don't know yet is how it will be in the future when ETH has skyrocketed again and when this coin is in the altcoin season era. Because it is true that when alt season is like that, the gas gwei will also jump very drastically. So, let's wait for what will happen in the future.
Ethereum gas fee has indeed decreased and many investors have started using this network again. However, with the many new networks that offer advantages and cheaper gas fees, many investors are reluctant to use the Ethereum network. This is network competition in crypto, and we as users can take advantage of this competition
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Ethereum gas fee has indeed decreased and many investors have started using this network again. However, with the many new networks that offer advantages and cheaper gas fees, many investors are reluctant to use the Ethereum network. This is network competition in crypto, and we as users can take advantage of this competition
Is good they have decrease because there gas fee was too much for transaction and that affected a lot of people who wanted to use it so they decided to look for other chain that doesn't charge much, so that's why Ethereum has witnessed a serious decline from there chain, so for the fact that people are now coming back for them should tell them that it was because of the fees that made them change there mind.
But I still feel that sooner or later there fees will still increase if they have the traffic they had before, actually this there previous issues of fees has also affected both there coin because the name is no longer regular on people now like before.
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Ethereum gas fee has indeed decreased and many investors have started using this network again. However, with the many new networks that offer advantages and cheaper gas fees, many investors are reluctant to use the Ethereum network. This is network competition in crypto, and we as users can take advantage of this competition
Yes, that's right, I've also started checking my wallet to make a transfer. It's just that there are already many worthless tokens, haha
But at least, Ethereum's progress in terms of gas fees is quite a lot. Do you remember how high the Ethereum network gas fee was last bull season? It was really crazy, up to hundreds of gwei. But now it's only less than 1 gwei. It's really incredible. If it can stay at least always below 5 gwei even at the peak of altcoins this season, then maybe the Ethereum network will be used again by new project developers to create their tokens.
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Ethereum gas fee has indeed decreased and many investors have started using this network again. However, with the many new networks that offer advantages and cheaper gas fees, many investors are reluctant to use the Ethereum network. This is network competition in crypto, and we as users can take advantage of this competition
Yes, that's right, I've also started checking my wallet to make a transfer. It's just that there are already many worthless tokens, haha
But at least, Ethereum's progress in terms of gas fees is quite a lot. Do you remember how high the Ethereum network gas fee was last bull season? It was really crazy, up to hundreds of gwei. But now it's only less than 1 gwei. It's really incredible. If it can stay at least always below 5 gwei even at the peak of altcoins this season, then maybe the Ethereum network will be used again by new project developers to create their tokens.
with the increasingly cheap gas fee ethereum makes developers will look back at the ethereum network for their projects. because currently there are many competitors of ethereum that offer low gas fees and many conveniences in transactions especially speed and security. but ethereum remains the best altcoin to date because it is still favored by many big investors.
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Ethereum gas fee has indeed decreased and many investors have started using this network again. However, with the many new networks that offer advantages and cheaper gas fees, many investors are reluctant to use the Ethereum network. This is network competition in crypto, and we as users can take advantage of this competition
We are currently in an era where several digital systems strive to improve on their value proposition while also aiming at the least cost possible and very high rate of transactions. With choices coming up, there is the flexibility of using to suit our requirements and perception of suitability. This has evidently established that this service provision is a free for grabs especially for those willing to contribute or access the offered services. This is a situation where the improvement in one creates a condition that offers direct innumerable advantages to the people involved for when one has enhanced its quality while the others remain to be convenient to patrons. In this respect it might be observed that amidst these changes no system can continue to depend upon the name since all are expected to justify why they are still being utilised.
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with the increasingly cheap gas fee ethereum makes developers will look back at the ethereum network for their projects. because currently there are many competitors of ethereum that offer low gas fees and many conveniences in transactions especially speed and security. but ethereum remains the best altcoin to date because it is still favored by many big investors.
Agree, the gas fees is quite cheap now. Sure, developers may be interested to make new projects on Ethereum network again. Ethereum network should still be one of the favorite networks, it was the first choice. Since the gas fees increased high, developers prefer other networks. But now, I think developers will consider Ethereum networks anymore.
Yes, Ethereum is still a favorite altcoin. But many people feel disappointed because Ethereum price still can't increase as expected. We all know that Ethereum still doesn't reach its ATH.
Current ETH gas fees
(https://talkimg.com/images/2025/04/04/lpNRz.jpeg)
https://etherscan.io/gastracker
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with the increasingly cheap gas fee ethereum makes developers will look back at the ethereum network for their projects. because currently there are many competitors of ethereum that offer low gas fees and many conveniences in transactions especially speed and security. but ethereum remains the best altcoin to date because it is still favored by many big investors.
This is why many developers still prefer Ethereum, although there are other networks that cost less. Considering the infrastructure solidity of Ethereum, various developers and investors have confidence in Ethereum. Ethereum also has a big community, which simply means that there can be more people actively participating in development of this platform, which also equals to more opportunities for development. Despite such advancements such as those that brought changes that lowered the gas fees, Ethereum is still preferred. Based on the above considerations, I think the adoption and support from more investors will be the key factor in their decision as the leading network in the market.
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with the increasingly cheap gas fee ethereum makes developers will look back at the ethereum network for their projects. because currently there are many competitors of ethereum that offer low gas fees and many conveniences in transactions especially speed and security. but ethereum remains the best altcoin to date because it is still favored by many big investors.
The recent down on ethereum gas fee wouldn't bring back any developer, it changes nothing because it's not like the chain was developed to work like this, the reason why the chain is like that is because there is no much going on in the chain, only few people are using the chain right now, if more users interact with like a popular memr coin launch on it, the gas fee will spike again.
There is a reason why we have many layers supporting the network, it's because they know the chain will remain like that is why they created most of those layer 2 for ethereum so as to scale ethereum to the maximum.
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I agree with you that there are still many investors who still believe in Ethereum even though there may be problems with gas fees that occur, but it is still better than its past.
Actually, for now, the gas fee for the Ethereum network has been decreasing in its fee rate. Even only around 0.5 gwei to 0.8 gwei for priority. There has been a lot of progress and development in the Ethereum network. And it has started to compete with other blockchain networks.
The only thing we don't know yet is how it will be in the future when ETH has skyrocketed again and when this coin is in the altcoin season era. Because it is true that when alt season is like that, the gas gwei will also jump very drastically. So, let's wait for what will happen in the future.
Ethereum gas fee has indeed decreased and many investors have started using this network again. However, with the many new networks that offer advantages and cheaper gas fees, many investors are reluctant to use the Ethereum network. This is network competition in crypto, and we as users can take advantage of this competition
There will always be improvements from the past and also how much the price was at that time, and it will certainly affect the increase in gas fees and I strongly agree that there have been improvements, but the competition is currently very high because there are many new networks with better fees and speeds available, and it is no wonder that there will be competition to choose which one to use.
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That transaction fee you made mentioned is a small amount compared to the time I was planning to invest heavily in Ethereum and that made me to run from it and I am very happy that I didn't invest at that time because I would loss it all. But now that the price is #1,600k it is good to invest and the transaction fee tok is 2.031 gwei which is not much again.
The issue in Ethereum is the transaction fee and not even the price.
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The issue in Ethereum is the transaction fee and not even the price.
Fees on the ETH network aren't a problem at the moment because the fees are probably the lowest they have been in years. For example, the fees for usdt transfers are only 11 cents, and the fees for dex swaps are only 30-40 cents. I think this will pleasantly surprise those who have not used the ETH network for a long time.
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The issue in Ethereum is the transaction fee and not even the price.
Fees on the ETH network aren't a problem at the moment because the fees are probably the lowest they have been in years. For example, the fees for usdt transfers are only 11 cents, and the fees for dex swaps are only 30-40 cents. I think this will pleasantly surprise those who have not used the ETH network for a long time.
Many are returning to the ethereum network because, as you said, it is true that the fees charged now are much different than in the past.
There have been improvements, and it is also possible that the price has dropped from ethereum itself.
But there is no need to be afraid to use the Ethereum network anymore, and it is very good.
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Fees on the ETH network aren't a problem at the moment because the fees are probably the lowest they have been in years. For example, the fees for usdt transfers are only 11 cents, and the fees for dex swaps are only 30-40 cents. I think this will pleasantly surprise those who have not used the ETH network for a long time.
There is no problem with ETH gas anymore. The gas fees look like quite cheap currently. Yes, it is only around 30-40 cents. It is just strange if there are people who have problem with ETH gas fees again. However, the problem is in ETH price that still can't increase as expected. People are waiting for the new ATH of Ethereum. But the price is getting far from the ATH.
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Fees on the ETH network aren't a problem at the moment because the fees are probably the lowest they have been in years. For example, the fees for usdt transfers are only 11 cents, and the fees for dex swaps are only 30-40 cents. I think this will pleasantly surprise those who have not used the ETH network for a long time.
There is no problem with ETH gas anymore. The gas fees look like quite cheap currently. Yes, it is only around 30-40 cents. It is just strange if there are people who have problem with ETH gas fees again. However, the problem is in ETH price that still can't increase as expected. People are waiting for the new ATH of Ethereum. But the price is getting far from the ATH.
Indeed, ethereum seems to be struggling this year and many are starting to be pessimistic about ethereum. However, there are still many who believe that ethereum will soon reach ATH.
I still have ethereum and will try to hold it because I have a fairly high selling target, but it all depends on future market conditions.
ethereum gas fees have started to drop, but in reality the price of ethereum coins has not been able to show good progress
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There is no problem with ETH gas anymore. The gas fees look like quite cheap currently. Yes, it is only around 30-40 cents. It is just strange if there are people who have problem with ETH gas fees again. However, the problem is in ETH price that still can't increase as expected. People are waiting for the new ATH of Ethereum. But the price is getting far from the ATH.
That in fact is where I feel it is interesting to watch Ethereum right now. The fees are no longer prohibitive, and the opportunities that it creates for new participants expands the place for new developers. They have also realised that the price has not been as competitively positioned as it had been planned, and that is not necessarily a death knell for the company. There is very much happening beneath the surface that one cannot necessarily always see areas of change which may be sizable even if not reflected on great drastic chart fluctuations. All it takes is for the market to find its rhythm and the production will be back into demand as before. Analysis of ETH exclusively in terms of price may make you a bit disappointed. Therefore if you move to land and infrastructure, you will notice that there are possibilities other than the numbers that are being invested.
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Fees on the ETH network aren't a problem at the moment because the fees are probably the lowest they have been in years. For example, the fees for usdt transfers are only 11 cents, and the fees for dex swaps are only 30-40 cents. I think this will pleasantly surprise those who have not used the ETH network for a long time.
There is no problem with ETH gas anymore. The gas fees look like quite cheap currently. Yes, it is only around 30-40 cents. It is just strange if there are people who have problem with ETH gas fees again. However, the problem is in ETH price that still can't increase as expected. People are waiting for the new ATH of Ethereum. But the price is getting far from the ATH.
Yes ..... what you said is very true. Now it's very different from the past and gas fees are no longer a problem, because it's already very good and acceptable to everyone, so it's true that what is currently being waited for by ethereum is when it will start moving up again, because the correction that occurred was very sharp and there has been no recovery and waiting for that will be a new ATH.
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Yes ..... what you said is very true. Now it's very different from the past and gas fees are no longer a problem, because it's already very good and acceptable to everyone, so it's true that what is currently being waited for by ethereum is when it will start moving up again, because the correction that occurred was very sharp and there has been no recovery and waiting for that will be a new ATH.
Lower fees are really beneficial for users and developers and this definitely contributes to the expansion of Ethereum ecosystem. As to the sharp correction that occurred, it is correct that the market is at the moment in the phase that cannot be termed as certain but that is not a new phenomenon to the crypto markets. There is always a hope among investors of a bounce back, and even general price improvement after the correction period. However, when it comes to this new ATH, I still believe it is better to stay somewhat grounded as price changes are still very much subject to external factors that can knock anytime from any corner, it could be market sentiment or new regulation.
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Have you also noticed how high gas fees are lately? $4 for eth transfer and also $16 for other erc20 token transfer why?
This is largely due to network congestion and demand spikes which is instigating a surge in gas prices momentarily. I strongly recommend layer 2 solution as they offer lower cost-effective exchange costs.
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Fees on the ETH network aren't a problem at the moment because the fees are probably the lowest they have been in years. For example, the fees for usdt transfers are only 11 cents, and the fees for dex swaps are only 30-40 cents. I think this will pleasantly surprise those who have not used the ETH network for a long time.
There is no problem with ETH gas anymore. The gas fees look like quite cheap currently. Yes, it is only around 30-40 cents. It is just strange if there are people who have problem with ETH gas fees again. However, the problem is in ETH price that still can't increase as expected. People are waiting for the new ATH of Ethereum. But the price is getting far from the ATH.
Yes ..... what you said is very true. Now it's very different from the past and gas fees are no longer a problem, because it's already very good and acceptable to everyone, so it's true that what is currently being waited for by ethereum is when it will start moving up again, because the correction that occurred was very sharp and there has been no recovery and waiting for that will be a new ATH.
And that's what some might be still afraid of ETH, I mean even if the gas fees are cheap, no one still dares to invest. It means that it has lost the trust of investors sad to day.
Unlike Bitcoin, when the fees has increased we find alternatives, and then when the fees goes down, we go back again to it's Layer 1 network. Unlike ETH maybe some investors goes to Solana and then never come back, IMHO.
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Fees on the ETH network aren't a problem at the moment because the fees are probably the lowest they have been in years. For example, the fees for usdt transfers are only 11 cents, and the fees for dex swaps are only 30-40 cents. I think this will pleasantly surprise those who have not used the ETH network for a long time.
There is no problem with ETH gas anymore. The gas fees look like quite cheap currently. Yes, it is only around 30-40 cents. It is just strange if there are people who have problem with ETH gas fees again. However, the problem is in ETH price that still can't increase as expected. People are waiting for the new ATH of Ethereum. But the price is getting far from the ATH.
Yes ..... what you said is very true. Now it's very different from the past and gas fees are no longer a problem, because it's already very good and acceptable to everyone, so it's true that what is currently being waited for by ethereum is when it will start moving up again, because the correction that occurred was very sharp and there has been no recovery and waiting for that will be a new ATH.
And that's what some might be still afraid of ETH, I mean even if the gas fees are cheap, no one still dares to invest. It means that it has lost the trust of investors sad to day.
Unlike Bitcoin, when the fees has increased we find alternatives, and then when the fees goes down, we go back again to it's Layer 1 network. Unlike ETH maybe some investors goes to Solana and then never come back, IMHO.
if we compare the gas fee issue related to these two top coins, of course people will choose bitcoin and find a way to keep it than ethereum. ethereum's expensive gas fee has a solution, but investors will prefer bitcoin even though it is expensive. that is a fact that we will always see
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Fees on the ETH network aren't a problem at the moment because the fees are probably the lowest they have been in years. For example, the fees for usdt transfers are only 11 cents, and the fees for dex swaps are only 30-40 cents. I think this will pleasantly surprise those who have not used the ETH network for a long time.
There is no problem with ETH gas anymore. The gas fees look like quite cheap currently. Yes, it is only around 30-40 cents. It is just strange if there are people who have problem with ETH gas fees again. However, the problem is in ETH price that still can't increase as expected. People are waiting for the new ATH of Ethereum. But the price is getting far from the ATH.
Yes ..... what you said is very true. Now it's very different from the past and gas fees are no longer a problem, because it's already very good and acceptable to everyone, so it's true that what is currently being waited for by ethereum is when it will start moving up again, because the correction that occurred was very sharp and there has been no recovery and waiting for that will be a new ATH.
And that's what some might be still afraid of ETH, I mean even if the gas fees are cheap, no one still dares to invest. It means that it has lost the trust of investors sad to day.
Unlike Bitcoin, when the fees has increased we find alternatives, and then when the fees goes down, we go back again to it's Layer 1 network. Unlike ETH maybe some investors goes to Solana and then never come back, IMHO.
if we compare the gas fee issue related to these two top coins, of course people will choose bitcoin and find a way to keep it than ethereum. ethereum's expensive gas fee has a solution, but investors will prefer bitcoin even though it is expensive. that is a fact that we will always see
If we compare, as you said, of course, everyone will choose bitcoin just like you will, because bitcoin is the main choice so far and will continue.
Ethereum is clearly not doing well right now and is down, but with the gas fee that is better there is no harm in giving it a chance to move back at the end of this year, and we will wait for that.
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if we compare the gas fee issue related to these two top coins, of course people will choose bitcoin and find a way to keep it than ethereum. ethereum's expensive gas fee has a solution, but investors will prefer bitcoin even though it is expensive. that is a fact that we will always see
Bitcoin is a very attractive asset for long-term holding. And I think BTC holders are happier than ETH holders, especially in recent years.
As for fees, it's worth noting that the BTC network also sometimes has problems with this. Do you remember the hype around ordinaries and runes? Back then, the BTC network fees were absurdly high.