Ethereum gas price ridiculously high

[Litzki1990]

It could be said that currently Ethereum gas has increased. Currently, the fees are increasing and can be changed easily in just a matter of seconds. So you really have to update the gas fee.


Especially if you approach an ETF, there will definitely be another significant change to the Ethereum gas fee. This is one of Ethereum's weaknesses, where the gas fee is very high.

If the Ethereum platform has been criticized the most, it has been the criticism of Ethereum's excessive transaction fee problem. Investors have been enduring this problem for a long time. Before investing, an investor first checks which platform he is investing in, if he sees that he has to invest in the Ethereum platform, then there are many investors who change his platform and invest in another platform. I will hire $200 if there is a fee of $100 then I will definitely change that platform and accept some other platform for investment. Ethereum transaction fee is unusual and always it is abnormal sometimes it is not normal.

[Fivestar4everMVP]

It could be said that currently Ethereum gas has increased. Currently, the fees are increasing and can be changed easily in just a matter of seconds. So you really have to update the gas fee.


Especially if you approach an ETF, there will definitely be another significant change to the Ethereum gas fee. This is one of Ethereum's weaknesses, where the gas fee is very high.

If the Ethereum platform has been criticized the most, it has been the criticism of Ethereum's excessive transaction fee problem. Investors have been enduring this problem for a long time. Before investing, an investor first checks which platform he is investing in, if he sees that he has to invest in the Ethereum platform, then there are many investors who change his platform and invest in another platform. I will hire $200 if there is a fee of $100 then I will definitely change that platform and accept some other platform for investment. Ethereum transaction fee is unusual and always it is abnormal sometimes it is not normal.

For me, ethereum fees has never been normal ever since this issue of high gas cost started on the ethereum network, I long time ago stopped investing in any project that is built on ethereum, most especially if the project Is not listed on any exchange yet aside from decentralized exchanges like uniswap, I just ignore such project completely, or wait and buy it when it gets listed on a centralized exchange, and even at this, I usually don't withdraw, but just leave the tokens on the exchange since withdrawing also cost a lot in fees as well.

For me, I think the only reason why ethereum is still at the top is because of the many whales who live there, there are alot of ethereum whales who don't mind the high gas cost, they pay it, and right now, it's alrweady looking like the high transaction cost on ethereum blockchain is already a norm and everyone has already gotten used to it.

[dekafee79]

For me, ethereum fees has never been normal ever since this issue of high gas cost started on the ethereum network, I long time ago stopped investing in any project that is built on ethereum, most especially if the project Is not listed on any exchange yet aside from decentralized exchanges like uniswap, I just ignore such project completely, or wait and buy it when it gets listed on a centralized exchange, and even at this, I usually don't withdraw, but just leave the tokens on the exchange since withdrawing also cost a lot in fees as well.

For me, I think the only reason why ethereum is still at the top is because of the many whales who live there, there are alot of ethereum whales who don't mind the high gas cost, they pay it, and right now, it's alrweady looking like the high transaction cost on ethereum blockchain is already a norm and everyone has already gotten used to it.

You are right, whales still holding ethereum will mind the high gas fees because they use quite large funds to invest. For those of us who only have a small amount of funds, this gas fee will be very high. Ethereum still has many whales, because apart from holding bitcoin they also hold ethereum. I've also switched to another platform since ethereum never solved the gas fee problem.

[pacar_tiri]

You are right, whales still holding ethereum will mind the high gas fees because they use quite large funds to invest. For those of us who only have a small amount of funds, this gas fee will be very high. Ethereum still has many whales, because apart from holding bitcoin they also hold ethereum. I've also switched to another platform since ethereum never solved the gas fee problem.

Surprisingly, whales already know that gas fees are quite high, but many still use them to carry out transactions on Ethereum, this shows that Ethereum still has high demand among whales who have a lot of money to carry out transactions with very large amounts.

[Wiseman]

You are right, whales still holding ethereum will mind the high gas fees because they use quite large funds to invest. For those of us who only have a small amount of funds, this gas fee will be very high. Ethereum still has many whales, because apart from holding bitcoin they also hold ethereum. I've also switched to another platform since ethereum never solved the gas fee problem.

The Chinese probably do not care about this commission, for them it is pennies and in fact only those who have 0.001eth on their account suffer))) and he wants to withdraw part of the funds but because of the high price of gas he will not be able to do it because the price of gas will be more than the amount of his eth on his wallet.

[corsair]

Problems that may never be resolved or indeed have no intention of resolving them. but there's probably no way to solve it.
high gas fee ethereum

[legend45]

The Chinese probably do not care about this commission, for them it is pennies and in fact only those who have 0.001eth on their account suffer))) and he wants to withdraw part of the funds but because of the high price of gas he will not be able to do it because the price of gas will be more than the amount of his eth on his wallet.

Maybe you're right, only people with 0.001eth will feel the high gas costs. But apparently investors also feel it. if Chinese people have big money they will not be disadvantaged by high fuel costs.

[Wiseman]

The Chinese probably do not care about this commission, for them it is pennies and in fact only those who have 0.001eth on their account suffer))) and he wants to withdraw part of the funds but because of the high price of gas he will not be able to do it because the price of gas will be more than the amount of his eth on his wallet.

Maybe you're right, only people with 0.001eth will feel the high gas costs. But apparently investors also feel it. if Chinese people have big money they will not be disadvantaged by high fuel costs.

No one likes it anyway, I understand that it depends on the whole mood and that most people who did not use Ethereum because of its high gas price will use it when it drops to normal values, which will naturally affect the price very well.

[TopT3ns]

No one likes it anyway, I understand that it depends on the whole mood and that most people who did not use Ethereum because of its high gas price will use it when it drops to normal values, which will naturally affect the price very well.

Usually the price when Ethereum transaction fees go down is because the Ethereum network is not being used by many people so that transactions become loose and make transaction fees which are usually high go down and are quite cheap to use.

[EthereumDev_]

No one likes it anyway, I understand that it depends on the whole mood and that most people who did not use Ethereum because of its high gas price will use it when it drops to normal values, which will naturally affect the price very well.

At least with the high transaction fees Ethereum still has fans and the price can be very expensive as it is now and this is proof that transaction fees are not an important problem.
However, it will indeed be better when transaction costs can be reduced so that it can provide satisfaction to Ethereum users.

[koang]

At least with the high transaction fees Ethereum still has fans and the price can be very expensive as it is now and this is proof that transaction fees are not an important problem.
However, it will indeed be better when transaction costs can be reduced so that it can provide satisfaction to Ethereum users.

Ethereum's strength in decentralized finance, gaming, tokenization, token creation, and smart contract innovation are the main drivers of the price increase.
Although Ethereum faces challenges in the short term, With huge growth potential, the future remains bright for Ethereum
And yeah, reducing gas fees will have a broader impact on the Ethereum ecosystem.

[bitbit97]

At least with the high transaction fees Ethereum still has fans

That is what really surprises me. This topic is already 4 years old. Can you image? Ethereum has been expensive for at least 4 years, people still use it and some projects still build their projects on Ethereum blockchain. That is something I cant explain. When we have alternatives that are cheaper or have other advantages, people still use Ethereum. Now since Ethereum price has grown, it is even more pricy than used to be. At least , dominance of Ethereum among all cryptocurrency is decreasing over last few years. Maybe that will help to reduce gas prices.

[IvugeoEvolutionCoin]

That is what really surprises me. This topic is already 4 years old. Can you image? Ethereum has been expensive for at least 4 years, people still use it and some projects still build their projects on Ethereum blockchain. That is something I cant explain. When we have alternatives that are cheaper or have other advantages, people still use Ethereum. Now since Ethereum price has grown, it is even more pricy than used to be. At least , dominance of Ethereum among all cryptocurrency is decreasing over last few years. Maybe that will help to reduce gas prices.

That's what made me stop thinking and it was unexpected that the price of Ethereum could become so expensive like this even though there are still many problems that have not been solved.
Maybe now the price is rising due to the influence of the ETF which will start accepting Ethereum trades so that investors and whales who have a lot of money are trying to take advantage of this issue to make a profit.

[LUCKMCFLY]

That is what really surprises me. This topic is already 4 years old. Can you image? Ethereum has been expensive for at least 4 years, people still use it and some projects still build their projects on Ethereum blockchain. That is something I cant explain. When we have alternatives that are cheaper or have other advantages, people still use Ethereum. Now since Ethereum price has grown, it is even more pricy than used to be. At least , dominance of Ethereum among all cryptocurrency is decreasing over last few years. Maybe that will help to reduce gas prices.

That's what made me stop thinking and it was unexpected that the price of Ethereum could become so expensive like this even though there are still many problems that have not been solved.
Maybe now the price is rising due to the influence of the ETF which will start accepting Ethereum trades so that investors and whales who have a lot of money are trying to take advantage of this issue to make a profit.

The ETH blockchain is very robust, perhaps it is for that reason that we have good projects on the ERC-20 network and it is very true, in fact the latest projects that I have seen on the ERC-20 network of ETH are very good projects. and that makes the difference, so I think that's what makes this blockchain interesting, however GAS is something that is very Catastrophic for me , to throw Money away you have to have a lot of money for it to be worth the expense. fee, in reality this is something that affects a lot, for Someone who does projects and gne of 50usd or 100usd it is not profitable at all, it is an impressive thing, now, the deviations at these heights have already solved the problem, but alas Things continue to present themselves like this , they are people who don't Understand and are on the Verge of a new ATH.

[EthereumDev_]

The ETH blockchain is very robust, perhaps it is for that reason that we have good projects on the ERC-20 network and it is very true, in fact the latest projects that I have seen on the ERC-20 network of ETH are very good projects. and that makes the difference, so I think that's what makes this blockchain interesting, however GAS is something that is very Catastrophic for me , to throw Money away you have to have a lot of money for it to be worth the expense. fee, in reality this is something that affects a lot, for Someone who does projects and gne of 50usd or 100usd it is not profitable at all, it is an impressive thing, now, the deviations at these heights have already solved the problem, but alas Things continue to present themselves like this , they are people who don't Understand and are on the Verge of a new ATH.

The ecosystem on the Ethereum network is indeed trusted and very strong, the community support that Ethereum has is also very high, it is certain that when there are good projects created on the Ethereum network and they have a team that suits their field, many will be successful.