Gas fee on ethereum

[dwyane36]

Yes, when you compare April with June and July, there is a big difference. Now it is already what it was in a sustainable and constant low value. There are websites where it can be followed in detail.

That's because the growth of the ETH ecosystem is stagnating or actually decreasing, which has an impact on decreasing tx queues on this network.

I expect regardless of the value of Ethereum that transaction costs will gradually decrease to less than $0.1.

The lowest fee recorded in the last 2 years is this year, was avg. 4gwei on June 29.
If you want to reach an avg. tx fee of $0.1, it should be the recommended 2gwei with ETH price equals around @$2,500 or 4gwei with ETH price equals $1,250.

Edit:
ETH gas history chart https://ycharts.com/indicators/ethereum_average_gas_price

It indicates the average fee per day, although there were time intervals at the end of June when the fee dropped to 1.05 and 1.1 gwei. Honestly, I haven't seen such low fees in the ETH network for a long time. According to the Gas price graph, the current gwei in the ETH network is close to the level that was in 2020.

[bitmover]

It indicates the average fee per day, although there were time intervals at the end of June when the fee dropped to 1.05 and 1.1 gwei. Honestly, I haven't seen such low fees in the ETH network for a long time. According to the Gas price graph, the current gwei in the ETH network is close to the level that was in 2020.

I agree. The fees are very low now.

I have some USDT which I want to convert to ETH. It is a good time now.

If anyone wants to bridge some coins from L2 back to main chain, or the other way around, this is also a good time

[dwyane36]

If anyone wants to bridge some coins from L2 back to main chain, or the other way around, this is also a good time

I don't know if there are such stats or not, but it would be interesting to know what effect low fees in the ETH network have on the popularity of L2 projects. It seems to me that if the low fees in the ETH network remain for a long time, there will surely be an outflow from L2 projects to those users who previously stopped using the ETH network because of high fees.

[Metha Wulandarin]

There have been many suggestions given by seniors here and read all the suggestions here including hours, days and PoS in my opinion all the suggestions are good just beginners execute them.
I think the transaction fee on Ethereum is already cheap if it's just for exchanging and sending but if it's for bridging it's different again.

[bounceback]

There have been many suggestions given by seniors here and read all the suggestions here including hours, days and PoS in my opinion all the suggestions are good just beginners execute them.
I think the transaction fee on Ethereum is already cheap if it's just for exchanging and sending but if it's for bridging it's different again.

Current gas fees up to 12 Gwei than usually last several days ago dropped under 3 GWEI, recently still on cheapest price of GWEI than must paid above $5 for every time sending our coins with ERC20 network.
I think need to take moment for sending our coins with ERC20 network when moment with lower fees for transaction, the current fees of Ethereum still not stable yet and moving up or down significant make us need to sell our coins only listed on dapp when lower gas fees.
I have my ERC20 coins and want to sell on CEX exchange tomorrow, wish gas fees could dropping few percent how to manage payment more lower fees.

[bitmover]

If anyone wants to bridge some coins from L2 back to main chain, or the other way around, this is also a good time

I don't know if there are such stats or not, but it would be interesting to know what effect low fees in the ETH network have on the popularity of L2 projects. It seems to me that if the low fees in the ETH network remain for a long time, there will surely be an outflow from L2 projects to those users who previously stopped using the ETH network because of high fees.

Looks like people are only using L2 to get airdrops 
If they stop, I think the usage will drop a lot...

[Metha Wulandarin]

There have been many suggestions given by seniors here and read all the suggestions here including hours, days and PoS in my opinion all the suggestions are good just beginners execute them.
I think the transaction fee on Ethereum is already cheap if it's just for exchanging and sending but if it's for bridging it's different again.

Current gas fees up to 12 Gwei than usually last several days ago dropped under 3 GWEI, recently still on cheapest price of GWEI than must paid above $5 for every time sending our coins with ERC20 network.
I think need to take moment for sending our coins with ERC20 network when moment with lower fees for transaction, the current fees of Ethereum still not stable yet and moving up or down significant make us need to sell our coins only listed on dapp when lower gas fees.
I have my ERC20 coins and want to sell on CEX exchange tomorrow, wish gas fees could dropping few percent how to manage payment more lower fees.

You have to be a little patient waiting to get low gwei because sometimes the price of gwei in each private wallet is different from that on the Ethereum website and in addition the gwai in each private wallet is different so if you can try checking in other private wallets such as OKX, Safepal and TrusWallet

[sampoerna]

Current gas fees up to 12 Gwei than usually last several days ago dropped under 3 GWEI, recently still on cheapest price of GWEI than must paid above $5 for every time sending our coins with ERC20 network.

You have to be a little patient waiting to get low gwei because sometimes the price of gwei in each private wallet is different from that on the Ethereum website and in addition the gwai in each private wallet is different so if you can try checking in other private wallets such as OKX, Safepal and TrusWallet

In fact, this time, the fee for Ethereum has increased significantly compared to last season. In fact, it's only 3 - 5 gwei. This is really low. Ethereum understands that there are already many other networks that are competitive and this is what Ethereum must do to survive and continue to exist. Well now Gwei is not that tall anymore. I don't know when Gwei's transfer fee will be that low. Because usually, the transfer fee for Ethereum will increase as the price of Ethereum increases and also the number of people on the network increases. So it will also affect the gwei fees charged.

[Metha Wulandarin]

Current gas fees up to 12 Gwei than usually last several days ago dropped under 3 GWEI, recently still on cheapest price of GWEI than must paid above $5 for every time sending our coins with ERC20 network.

You have to be a little patient waiting to get low gwei because sometimes the price of gwei in each private wallet is different from that on the Ethereum website and in addition the gwai in each private wallet is different so if you can try checking in other private wallets such as OKX, Safepal and TrusWallet

In fact, this time, the fee for Ethereum has increased significantly compared to last season. In fact, it's only 3 - 5 gwei. This is really low. Ethereum understands that there are already many other networks that are competitive and this is what Ethereum must do to survive and continue to exist. Well now Gwei is not that tall anymore. I don't know when Gwei's transfer fee will be that low. Because usually, the transfer fee for Ethereum will increase as the price of Ethereum increases and also the number of people on the network increases. So it will also affect the gwei fees charged.

Gwei is unstable when Ethereum experiences price changes such as when the price drops and increases the impact of Bitcoin gwei will normalize when the Ethereum price does not experience significant changes and there are other factors such as time, day and transaction density so you have to be patient.

[vegasus]

Gwei is unstable when Ethereum experiences price changes such as when the price drops and increases the impact of Bitcoin gwei will normalize when the Ethereum price does not experience significant changes and there are other factors such as time, day and transaction density so you have to be patient.

Yes, that's usually what happens. Gwei will change drastically as the price of Ethereum changes. especially when ETH experienced a rapid increase during the altcoins season, when many transactions occurred on the network, there was also a significant increase in gwei on the Ethereum network. And this has always been a weakness of the Ethereum network compared to other networks, where currently there are far more competitors.

Oh yeah, for now, this is the lowest Gwei I've ever seen. It's only 2gwei for low and average. Wow

Source: https://etherscan.io/gastracker

[bee]

Oh yeah, for now, this is the lowest Gwei I've ever seen. It's only 2gwei for low and average. Wow

Thanks, I plan to move some of my domain NFTs from polygon to ethereum if high fees hit this rate. Maybe there is a chance today it will be 2gwei. If it's on the ETH network, maybe I'd get a higher bidding price on the NFT market.

[Metha Wulandarin]

Gwei is unstable when Ethereum experiences price changes such as when the price drops and increases the impact of Bitcoin gwei will normalize when the Ethereum price does not experience significant changes and there are other factors such as time, day and transaction density so you have to be patient.

Yes, that's usually what happens. Gwei will change drastically as the price of Ethereum changes. especially when ETH experienced a rapid increase during the altcoins season, when many transactions occurred on the network, there was also a significant increase in gwei on the Ethereum network. And this has always been a weakness of the Ethereum network compared to other networks, where currently there are far more competitors.

Oh yeah, for now, this is the lowest Gwei I've ever seen. It's only 2gwei for low and average. Wow

Source: https://etherscan.io/gastracker

In fact, I am sometimes surprised by the gass fee on Ethereum, I once made an experiment by making a transaction before I made a transaction I saw the gwei on the etherscan gastracker and just in time the gwei was in a very low situation and I tried to send coins to the exchange (CEX) from a personal wallet after I made the shipment it turned out that the gwei on the etherscan gastracker was not the same as the gwei I spent when sending coins, it turned out that after I checked it turned out from each personal wallet such as TrusWallet, OKX and safepalwallet all offer different gwei (gasfee).

[Vx1]

Gwei is unstable when Ethereum experiences price changes such as when the price drops and increases the impact of Bitcoin gwei will normalize when the Ethereum price does not experience significant changes and there are other factors such as time, day and transaction density so you have to be patient.

Yes, that's usually what happens. Gwei will change drastically as the price of Ethereum changes. especially when ETH experienced a rapid increase during the altcoins season, when many transactions occurred on the network, there was also a significant increase in gwei on the Ethereum network. And this has always been a weakness of the Ethereum network compared to other networks, where currently there are far more competitors.

Oh yeah, for now, this is the lowest Gwei I've ever seen. It's only 2gwei for low and average. Wow

Source: https://etherscan.io/gastracker

In fact, I am sometimes surprised by the gass fee on Ethereum, I once made an experiment by making a transaction before I made a transaction I saw the gwei on the etherscan gastracker and just in time the gwei was in a very low situation and I tried to send coins to the exchange (CEX) from a personal wallet after I made the shipment it turned out that the gwei on the etherscan gastracker was not the same as the gwei I spent when sending coins, it turned out that after I checked it turned out from each personal wallet such as TrusWallet, OKX and safepalwallet all offer different gwei (gasfee).

From here we can learn a lesson, before making transactions on the Ethereum network, we must first check the gas fees from various platforms. And of course, if we can choose, we have to choose which one is the cheapest and has the fastest solution. 
Ethereum gas fees are known to be expensive, but if we can take the right moment we can also get cheap gas fees.

[Metha Wulandarin]

Gwei is unstable when Ethereum experiences price changes such as when the price drops and increases the impact of Bitcoin gwei will normalize when the Ethereum price does not experience significant changes and there are other factors such as time, day and transaction density so you have to be patient.

Yes, that's usually what happens. Gwei will change drastically as the price of Ethereum changes. especially when ETH experienced a rapid increase during the altcoins season, when many transactions occurred on the network, there was also a significant increase in gwei on the Ethereum network. And this has always been a weakness of the Ethereum network compared to other networks, where currently there are far more competitors.

Oh yeah, for now, this is the lowest Gwei I've ever seen. It's only 2gwei for low and average. Wow

Source: https://etherscan.io/gastracker

In fact, I am sometimes surprised by the gass fee on Ethereum, I once made an experiment by making a transaction before I made a transaction I saw the gwei on the etherscan gastracker and just in time the gwei was in a very low situation and I tried to send coins to the exchange (CEX) from a personal wallet after I made the shipment it turned out that the gwei on the etherscan gastracker was not the same as the gwei I spent when sending coins, it turned out that after I checked it turned out from each personal wallet such as TrusWallet, OKX and safepalwallet all offer different gwei (gasfee).

From here we can learn a lesson, before making transactions on the Ethereum network, we must first check the gas fees from various platforms. And of course, if we can choose, we have to choose which one is the cheapest and has the fastest solution. 
Ethereum gas fees are known to be expensive, but if we can take the right moment we can also get cheap gas fees.

Yes, that's right, that's why every time I want to make a transaction on the Ethereum network I check every personal wallet that I use, the goal is the same but we have to be smart to take advantage of the facilities available and the offers offered by each personal wallet platform.

[Vx1]

From here we can learn a lesson, before making transactions on the Ethereum network, we must first check the gas fees from various platforms. And of course, if we can choose, we have to choose which one is the cheapest and has the fastest solution. 
Ethereum gas fees are known to be expensive, but if we can take the right moment we can also get cheap gas fees.

Yes, that's right, that's why every time I want to make a transaction on the Ethereum network I check every personal wallet that I use, the goal is the same but we have to be smart to take advantage of the facilities available and the offers offered by each personal wallet platform.

Many people have been complaining about the issue of Ethereum gas fees for a long time, but it seems like this problem will be difficult to solve. 
Firstly the Ethereum Blockchain has become a favorite of many people, Ethereum will not reduce this gas rate because this is their advantage too, secondly there are many coins on this network. 
What is certain is that there will be a lot of transactions here, the density of transactions on the Ethereum Blockchain will automatically increase the value of the Gas Fee itself.