Ethereum network usage hits a higher record, will ETH price also rise？

[Senin]

The use of the ethereum network has indeed increased and this would have led to an increase in the price of this coin, but again a long-standing problem has sharply exacerbated - the throughput of this coin does not cope with so many transactions. Therefore, in such a situation, the popularity of ethereum even fell slightly due to the increase in transaction fees. The situation can be saved only by the implementation of improvements in Ethereum 2.0.

[Mrkadir85]

It's true that currently gas fee are very high.and it makes Ethereum holders disappointed. ETH  2.0 imprisonments won't be long.only they can dramatically change the situation on the Ethereum network for the better. I hope hash fee will return soon to like beginning.

[KunotCoin]

Thats good for Ethereum but it's not good for ordinary users like us because when the Ethereum usage is at peak the monstrous fees will follow that's why its not good after all but it has also a negative side effect.

[Alcor]

In the last few days, the cryptocurrency market has been experiencing some revival in prices, now all prices are in green and have a good increase. Ethereum has climbed to nearly $ 380 today. Hopefully this will somehow mitigate the high transaction costs. So far, this is really a big problem for the normal functioning of the ethereum network. Maybe the expected growth of the cryptocurrency market will change the situation.

[Fivestar4everMVP]

It is true that currently gas prices are very high and it makes etherum holders disappointed, this is very detrimental to etherum holders if the price of this gas is not handled, this could result in etherum being left behind by investors, I hope gas prices will return soon to like  beginning.

Hey mate, didnt you see how long your signature is?? Please check it, you must have mistakenly pasted the code over and over again, please check and correct it else it gonna be messing up every thread you comment in.

[hair]

Hey mate, didnt you see how long your signature is?? Please check it, you must have mistakenly pasted the code over and over again, please check and correct it else it gonna be messing up every thread you comment in.

Maybe you can tell him via PM mate. maybe he didn't know and made a mistake.

[kent47400]

If in the laws of physics the more users there are, the more force is generated.
Then if Ethereum is used a lot, it is certain that the transaction fees will also increase.

This is the effect of many users for Ethereum so that GAS has become expensive and the price of Ethereum is also now starting to recover after falling in July 2019 at a price of 80 USD.

[Sharpmax]

The more people invest in the Etherium platform, the more Etherium will pump.  The price of etherium fluctuates on human investment. The etherium platform was updated a few days ago and the 2.0 test net was launched. As a result, the etherium transaction gas fee increased a lot but its price went up a lot.  All investors have been suspended from the Etherium platform for raising these transaction fees.  If the transaction fee is the same as before, the price of etherium will go up in a few days.

[Riya143]

The demand for ETH in the market is increasing day by day. But I think the effect of ETH 2.0 is not working right now. Because ETH 2.0 is coming. It will take some time. So I think ETH 2.0 is about to launch. In the news that day I saw that it could come in December or January. That would definitely be good for our users. At present gas fee has become a major problem. Many projects have stopped paying for this work. Most of the projects are going to decide to create another type of wallet. So I think there should be some changes in this ETH platform. Let the changes in the future be positive changes.

[Octoalts]

The use of the Ethereum network which is very dense will cause competition between users to increase the price of Ethereum Gas, and this has happened which has caused the Ethereum Gas price to be very high.
Then will this cause the price of Ethereum to rise? The answer is that the more people who know Ethereum, the demand for Ethereum will be even higher. And that will of course cause the Ethereum price to go up.

[naitik01]

Many defi projects are using the ethereum network, causing the ethereum network to take a hit, resulting in a spurt in the price of ethereum, and the ethereum has crossed $ 600.

[Cristiano]

Etherium is currently upward.  The price of etherium is going to increase day by day.  It is expected to grow further in the future.  Etherium is currently in good condition.  If you want, you can sell it now and make a profit.  And if you hold it for a while longer, you will get more profit.  I think it would be better to hold for a while.

[mrjoy15]

I heard from several sources they bought Ethereum because they think this is digital money next to Bitcoin. If you believe in Bitcoin then there no point left why you won't think about Ethereum. Since It's upgrade 2.0 there more possibility it will go more long.

[Sierra]

I think there was a bit of an error so the GAS fee has increased recently, but now it's back to me, feeling very excited and seeing a very good future in ETH.

[Jaydaomaker]

GAS prices are back to normal. I am very happy with that and I do not expect GAS prices to rise again in the near future.