One of the problems we often mention with the Ethereum platform is the problem of excessive transaction fees. The current platform has the problem of excessive transaction fees due to which there are many small to medium investors who do not prefer the Ethereum platform due to excessive transaction fees. I have been hearing for a long time that the Ethereum 2.0 platform will be brought to the market but so far they have not been able to successfully bring the Ethereum 2.0 to the market. If 2.0 successfully comes to the market, it is assumed that the problem of additional transaction fees will be solved to a large extent. Many investors will invest in this platform if the problem of excessive transaction fees is solved.
Many hope that ethereum 2.0 will solve ethereum's long-standing problem, high gas transaction fees. but it has never been resolved until now so many think that sooner or later ethereum will be replaced by another platform that is cheaper and better. Until this year 2024, etheruem gas fee is still high, So I didnt think about the future
In my opinion, and fas as gas fees are concerned, etheruem network has already been replaced by other networks like Solana, Binance smart chain, and even Ton networks respectively.
I think that Etheruem high gas fees is it's network drawbacks, and it is clear that high gas fes has reduced trades and investments activities paving way for Binance smart chain, Solana and others to compete favorably on the market.