How much do you usually pay for Ethereum gas fees?

[armanda90]

Talking about how much usually for paying Ethereum gas fees depend on airdrop ERC20 condition, last several days ago fees ethereum looks normal and cheapest but yesterday when Eigen airdrop claiming release drastically huge of fees for transaction trough ERC20 coins network. I think few days later fees will back normal after not any user claiming the coins airdrop but will huge drastically again later if any new airdrop of ERC20 coins releasing.
Now fees ethereum dropped again under 3 Gwei and you only need under $5 to make transaction or lower if only send coins trough ERC20 network, but this cheapest fees can't defend for longer time.

[UNIVERSE]

Talking about how much usually for paying Ethereum gas fees depend on airdrop ERC20 condition, last several days ago fees ethereum looks normal and cheapest but yesterday when Eigen airdrop claiming release drastically huge of fees for transaction trough ERC20 coins network. I think few days later fees will back normal after not any user claiming the coins airdrop but will huge drastically again later if any new airdrop of ERC20 coins releasing.
Now fees ethereum dropped again under 3 Gwei and you only need under $5 to make transaction or lower if only send coins trough ERC20 network, but this cheapest fees can't defend for longer time.

Yes, it will depend on the condition of Ethereum network. If it looks busy, the transfer fees can be above $5. But if the transaction looks normal, the transfer fees should be cheaper than $5. But most of the time, I send my ERC20 coins with around $5. I think it is no problem if our ERC20 coins valued above $100. But if the coins only valued around $5-$10, it is not worth it to spend $5 for the transfer fees. I personally prefer to not moving the coins anywhere. 

[MrSpasybo]

Yes, it will depend on the condition of Ethereum network. If it looks busy, the transfer fees can be above $5. But if the transaction looks normal, the transfer fees should be cheaper than $5. But most of the time, I send my ERC20 coins with around $5. I think it is no problem if our ERC20 coins valued above $100. But if the coins only valued around $5-$10, it is not worth it to spend $5 for the transfer fees. I personally prefer to not moving the coins anywhere. 

According to EtherScan data, Ethereum gas fees dropped to a low of around 3 Gwei a few weeks back but have quickly rebounded to over 30 Gwei following the recent market rally spurred by the FED rate cut. This has made Ethereum transactions significantly more expensive but has also contributed to burning more ETH from the supply, pushing Ethereum back into a deflationary phase which is bullish for its future price.

I haven't been using Ethereum for a while now. Layer-2 solutions are much more attractive in terms of speed and cost. For transactions, I only pay a few cents in fees. This allows me to save more to buy native tokens of these Layer-2s, I hope to profit from their potential future price appreciation.

[libert19]

Anything below 30 gwei is good to me, though sometimes despite gas fee being less, you still pay good amounts as some smart contract interactions are just expensive.

For example, just a few days, I was claiming EIGEN tokens, gas fee was around 20 IIRC, and it showed 13 USD as estimated transaction fee, I postponed it and claimed it few days later when gas fee was below 10 gwei and paid about 6 USD.

Ether transfers cost the least, token transfers bit more, and smart contract interactions, the most.

[bitbit97]

I see that years have passed, and people still discuss, consider expensive, but still use Ethereum blockchain. Strange phenomenon. There are cheaper blockchain, yet people still use Ethereum. People complain about high transaction fees in Bitcoin (and scare that they will quit or wait for fees to be much lower) when it is more expensive to make a transaction on Ethereum, yet still use Ethereum.

[libert19]

I see that years have passed, and people still discuss, consider expensive, but still use Ethereum blockchain. Strange phenomenon. There are cheaper blockchain, yet people still use Ethereum. People complain about high transaction fees in Bitcoin (and scare that they will quit or wait for fees to be much lower) when it is more expensive to make a transaction on Ethereum, yet still use Ethereum.

Personally, I stopped using Ethereum, only use it when dapp mandatorily requires as in case of Eigen claim. Nowadays, I keep funds on Optimism or Arbitrum, and use from there when needed.

[luckyledger]

I see that years have passed, and people still discuss, consider expensive, but still use Ethereum blockchain. Strange phenomenon. There are cheaper blockchain, yet people still use Ethereum. People complain about high transaction fees in Bitcoin (and scare that they will quit or wait for fees to be much lower) when it is more expensive to make a transaction on Ethereum, yet still use Ethereum.

Personally, I stopped using Ethereum, only use it when dapp mandatorily requires as in case of Eigen claim. Nowadays, I keep funds on Optimism or Arbitrum, and use from there when needed.

Yeah, many projects would do the same, due to the known reasons for craving for more scalability.
OP and Arb are great for their own reasons, and the differences would be technical, mostly.

[sampoerna]

Personally, I stopped using Ethereum, only use it when dapp mandatorily requires as in case of Eigen claim. Nowadays, I keep funds on Optimism or Arbitrum, and use from there when needed.

It seems that more and more people and projects are leaving the Ethereum network because of concerns about the very high gas increases, especially during the bullrun era. Based on past experience, it is really annoying when you have to spend a very high amount for gas, even up to hundreds of gwei at that time, but the tokens sent are only a little different from that. That's why I didn't take care of many ERC20 tokens at that time because of the high Ethereum gas problem.

Now there are many choices of networks other than Ethereum, and the fees are very cheap in my opinion. They compete to provide the same service and speed, but the fees are very, very small, compared to Ethereum. That's why many new projects are switching to other networks, such as BSC, Solana, and others. And now there are also many platforms that have provided a variety of network options for carrying out withdrawal or sending, so we can be freer to choose it. while for the use of the Ethereum network, the same as you, usually only mandatory and there are no other options.

[MRY]

I see that years have passed, and people still discuss, consider expensive, but still use Ethereum blockchain. Strange phenomenon. There are cheaper blockchain, yet people still use Ethereum. People complain about high transaction fees in Bitcoin (and scare that they will quit or wait for fees to be much lower) when it is more expensive to make a transaction on Ethereum, yet still use Ethereum.

Personally, I stopped using Ethereum, only use it when dapp mandatorily requires as in case of Eigen claim. Nowadays, I keep funds on Optimism or Arbitrum, and use from there when needed.

Yes, it is better to keep it in both of the ones you mentioned Even if we get a lot of tokens every time that we use the Arbitrum platform. To get better or cheaper transactions without leaving the Ethereum network, layer-2 scaling solution such as Optimism and Arbitrum can be adopted. As more people adopt layer-2 solutions and changes are made to the main Ethereum network, the Ethereum experience is expected to be better for everyone. Ethereum has also lost quite a lot of it’s user base so far. Thus, your decision right now could not be any better.