Why ETH gas fee still unbearable?

[Review Master]

I noticed that when Ether's market value was low, their transaction fees were low.With the news of rising prices and improving the network, their fees began to rise.I think if the market value does not decrease, the transaction fee will remain the same.

It doesn't depend on the rising of prices because it mostly depends on the usage of dapp which are running on the ethereum blockchain. For an example, if i need to make a transection/operation of a dapp on ethereum blockchain on fast gas fee, it may take more than 1 minute. But i need to confirm that within 10 seconds, so i'll try to use higher gas fee than the fast option. And majority of the users do the samething just like me, than it'll increase the gas fee because i'll use 50 gwei and other will try to use 55 gwei and another one will try to use 65 gwei. By this way, more and more people will start to incrase that gas fee and it'll automatically increase on the blockchain.

[Ghozrd]

As in other articles and forums I have visited, the issue of high Gas costs because ETH2 is not fully working, it still takes a little longer.

The complete rollout of Eth2 will take several years. In the meantime, one existing technology—rollups— can help Ethereum scale and reduce gas costs in the immediate future. Rollups provide a means of bundling transactions off-chain and later submitting them to the main blockchain in batches7, which should enable Ethereum to support a 200-fold increase in transactions in the near term. This intermediate solution—known as Phase 1.5—also means developers don’t have to wait for Eth2 to use Dai and the Maker Protocol at scale in their dapps.

Source: https://blog.makerdao.com/how-ethereum-2-0-will-address-gas-issues-and-enable-dai-and-defi-to-scale/

[sampoerna]

I also feel bad about this high ETH gas fee. We cannot choose the lower one and if we choose the lower gas, it will be a longer time confirmation. Additionally, the price is still as higher as the previous week.s I don't think it will be back to be normal after this Ethereum 2.0

[mianvicky1]

ETH gas prices are high because of defi projects. There are many pending transactionsso this time cant say anything MAIN BE IT WILL GO down in few months.

[DAMKAR]

ETH gas prices are high because of defi projects. There are many pending transactionsso this time cant say anything MAIN BE IT WILL GO down in few months.

Yes, I see . Ethereum gas is so high. But I hope after Ethereum 2.0 launched, the gas will go down. Almost all of cryptocurrencies  have struggled now, It cause of market correction several times. Don't worry with this situation.

[Review Master]

Yes, I see . Ethereum gas is so high. But I hope after Ethereum 2.0 launched, the gas will go down. Almost all of cryptocurrencies  have struggled now, It cause of market correction several times. Don't worry with this situation.

As ethereum 2.0 is already launched and it's on Beacon Chain phase where we won't get any result of reducing gas fee. But in 2nd phase, sharding, we may see a major effect on the gas fee of each transections. As sharding will split ethereum blockchain into more sub blockchain with their own data and each shards can confirm more transections which will be increase the transection speed and decrease of network fees. Also, correction is needed to take off for a bullish rally, mate. Hope all of us grab more eth for the next ATH of it.

[Bitstar_coin]

Until now, the gas fee issue has not yet been resolved. And I think that after the emergence of ethereum 2.0, the gas fee will soon recover and at an affordable price, you can buy retail again. However, until now there has been no change, the price of gas fees is still expensive.

Even if eth 2.0 is expected to also have effect on the high gas price it won't be immediately,  it will take some time before things start taking effect,  many were expecting to see a reduction in gas fee immediately the eth 2.0 is launched  that is not the case yet,
For now we still have to endure the high gas fee till when things have started to take positive effect.

[Prime]

I think that there is a certain time when the fee gas is high and low. I have just already sent ERC20 and only needed around 24 gwei to make a fast withdrawal transaction. SO, it is better to check always the fee before transferring. It is in order to get a better amount of the fees

[Paglamon]

Even now ‌gas fee is a big problem. Those of us who are bounty hunters are having trouble doing our transactions. So I think if it doesn't decrease in the future, we will suffer.

[damsix]

It is true that I was very confused too and it made me dizzy.
Just imagine when we want to send erc20 tokens, we have to pay 3-5 USD at the fastest speed.
I think the cost of sending these tokens is unreasonable because the cost cannot be covered by the token price itself if we only send a small amount.

[Sterling]

I also feel bad about this high ETH gas fee. We cannot choose the lower one and if we choose the lower gas, it will be a longer time confirmation. Additionally, the price is still as higher as the previous week.s I don't think it will be back to be normal after this Ethereum 2.0

I feel that gas has returned to normal recently. no is attracting huge investors into ETH in the current paragraph. There are a lot of short-term people trading on ETH for a profit

[masudginanjar]

I don't think it will decrease because Ethereum users are not decreasing but increasing.
The more transactions, the more people use Ethereum.
The more people who use Ethereum, the more expensive GAS is and this is what Ethereum miners want so that the rewards feel big and get rich easily. LOL

[whyrqa]

I don't think it will decrease because Ethereum users are not decreasing but increasing.
The more transactions, the more people use Ethereum.
The more people who use Ethereum, the more expensive GAS is and this is what Ethereum miners want so that the rewards feel big and get rich easily. LOL

We must learn to offer our own transaction fees that can be adjusted in our wallets. But nevertheless, one should not rely too much on cheap transactions, since the volume of transactions increases with the arrival of new users and new projects that use the platform.

[de_prof]

Many people expect that the ETH gas prices will be down after ETH 2.0 launch. But ETH 2.0 is already operational but ETH gas price no still the same. It won't reduce or this will take more time?

Exactly, gass fee is so high now. But Keep calm. I think after Ethereum 2.0 launched completely the gas problem will be solved. I see many investors have enthusiastic about this. So don't worry, let's see the Ethereum progress at next year.

[IyemRoker]

-

Well there he is, man !
Indeed, it can be designed to make the transaction as small as possible, but we don't know when the transaction will be processed because usually the one with the highest GAS fee is the one who is processed first.
It is also possible that the Miners want to generate lots of Ethereum mining fast and leave it a little late which uses low fees.