Gas fees

[Aanuoluwatofunmi]

Have you also noticed how high gas fees are lately? $4 for eth transfer and also $16 for other erc20 token transfer why?

Once you have made a decision of making use of the ethereum network, then anything can be the cost for your transaction fee, as we all knew before now that the ethereum network has fee is extremely high, only on few occasions you may discover for a cheaper rate, while on other erc20, you may have to bear the same or even higher cost on them, I don't know if this may change over time in the nearest future or not, but am sure they have their own reasons for all these.

[philipma1957]

Actually, if I notice, ETH gas is not too expensive lately compared to before.
Maybe the Ethereum network is not as dense as it used to be, because along with the growth of cryptocurrency until now, many new Blockchains have grown, where they compete to provide the best service to the community including this Gas cost.

Back in 2020, 2019, 2017, etc ethereum was basically free to transfer.

One of the main arguments about how ethereum is better than btc was that it was cheap and fast, scalable,  etc. Time proved they were wrong, and bitcoin is now much more scalable than ethereum (as it can't even handle current traffic with reasonable fees)

Yep it is why the move to pos really hurt them. Essentially it allowed a clone type coin (solana) to compete with them.

When they were pow eth essentially did not have the completion  because miners like the fees. and purchased more and more and more gpus.

now only large staking makes any money and it cut out tens of thousands of 1 2 and 3 card miners.

Mr V essentially destroyed his coin in the name of woke energy savings.

Now trump and Putin or (USA) and (Russia) are clear going to burn tons of fuel to melt the icecaps which is basically a huge advantage to both the USA and Russia as they hav a ton of frozen land. Canada and Greenland stand to gain by the melting of the caps. Which is why the USA wants to grab them and mr v went green and killed his coin.

Eth may stand a chance once Putin and trump are gone so 2028 or later. for ETH.

If you like eth set buys at 1515-- 1212 -- 1010 maybe lower.

there is no rally in the cards for eth in 2025.


Or maybe my head is up my ass and eth breaks 6000 in under a year.


oh to mr v please give me my 2 lost coins back.  you broke Mac wallets back when you resynched the blockchain .

[yohananaomi]

Avoiding low gas fees, is indeed an obstacle experienced by,, ethereum for a long time and has made improvements, but it has not been able to happen properly and now if, as you say that it can continue to be cheap, then what you said could happen and be crowded again.
But we know that it is indeed difficult to predict because it is inconsistent and when the situation is crowded then it will return again. That is what has been feared all this time. Yes .... we We see the next few months.

if I observe the gas fee depends on traffic and coin price. and that's a few times I also got caught in high gas fees.
For now solana is a cheap network, making the solana network widely used and in demand by investors.
While ethereum in my opinion, still has a high gas fee

The logic that makes sense and is indeed like that for gas fees, is that if in a very, dense traffic situation and also the price is already high, then automatically the gas fee will be high.
But they have tried to fix it, but until now there has been no significant change, and it is still the main obstacle.
You are right not only SOL, but many whose gas fees are currently very cheap and are an alternative to use.

[philipma1957]

Avoiding low gas fees, is indeed an obstacle experienced by,, ethereum for a long time and has made improvements, but it has not been able to happen properly and now if, as you say that it can continue to be cheap, then what you said could happen and be crowded again.
But we know that it is indeed difficult to predict because it is inconsistent and when the situation is crowded then it will return again. That is what has been feared all this time. Yes .... we We see the next few months.

if I observe the gas fee depends on traffic and coin price. and that's a few times I also got caught in high gas fees.
For now solana is a cheap network, making the solana network widely used and in demand by investors.
While ethereum in my opinion, still has a high gas fee

The logic that makes sense and is indeed like that for gas fees, is that if in a very, dense traffic situation and also the price is already high, then automatically the gas fee will be high.
But they have tried to fix it, but until now there has been no significant change, and it is still the main obstacle.
You are right not only SOL, but many whose gas fees are currently very cheap and are an alternative to use.

because mr v went pos and practically inventive completition which is now cleaning eth's clock.

all a case of being too smart for your own good.

[doc]

The logic that makes sense and is indeed like that for gas fees, is that if in a very, dense traffic situation and also the price is already high, then automatically the gas fee will be high.
But they have tried to fix it, but until now there has been no significant change, and it is still the main obstacle.
You are right not only SOL, but many whose gas fees are currently very cheap and are an alternative to use.

More and more new networks with low gas fees will benefit us as users.
High gas fees have always been a problem for us and we know it has not been resolved until now.
Solana, BNB and TON offer low gas fees, we can choose these networks.

[pieppiep]

Avoiding low gas fees, is indeed an obstacle experienced by,, ethereum for a long time and has made improvements, but it has not been able to happen properly and now if, as you say that it can continue to be cheap, then what you said could happen and be crowded again.
But we know that it is indeed difficult to predict because it is inconsistent and when the situation is crowded then it will return again. That is what has been feared all this time. Yes .... we We see the next few months.

if I observe the gas fee depends on traffic and coin price. and that's a few times I also got caught in high gas fees.
For now solana is a cheap network, making the solana network widely used and in demand by investors.
While ethereum in my opinion, still has a high gas fee

The logic that makes sense and is indeed like that for gas fees, is that if in a very, dense traffic situation and also the price is already high, then automatically the gas fee will be high.
But they have tried to fix it, but until now there has been no significant change, and it is still the main obstacle.
You are right not only SOL, but many whose gas fees are currently very cheap and are an alternative to use.

When demand is high, and external conditions are not too favourable, the cost that is likely to be incurred will be high. This has become a frequent practise in so many sectors, including the utilisation of gas. Despite the actions to increase the share, it is not possible to perceive the improvement in full measure in the near future. But there are certain factors that still make this situation persist and they are of a concern to many. However, the situation is still progressive and there are several choices which are gradually offered to us now. As for the demands of consumers, more effective solutions are coming to the market to let us make a switch to a more profitable option. As there are some options available, there is a hope that in the future this situation can be changed for the better for all the parties.

[yohananaomi]

Avoiding low gas fees, is indeed an obstacle experienced by,, ethereum for a long time and has made improvements, but it has not been able to happen properly and now if, as you say that it can continue to be cheap, then what you said could happen and be crowded again.
But we know that it is indeed difficult to predict because it is inconsistent and when the situation is crowded then it will return again. That is what has been feared all this time. Yes .... we We see the next few months.

if I observe the gas fee depends on traffic and coin price. and that's a few times I also got caught in high gas fees.
For now solana is a cheap network, making the solana network widely used and in demand by investors.
While ethereum in my opinion, still has a high gas fee

The logic that makes sense and is indeed like that for gas fees, is that if in a very, dense traffic situation and also the price is already high, then automatically the gas fee will be high.
But they have tried to fix it, but until now there has been no significant change, and it is still the main obstacle.
You are right not only SOL, but many whose gas fees are currently very cheap and are an alternative to use.

When demand is high, and external conditions are not too favourable, the cost that is likely to be incurred will be high. This has become a frequent practise in so many sectors, including the utilisation of gas. Despite the actions to increase the share, it is not possible to perceive the improvement in full measure in the near future. But there are certain factors that still make this situation persist and they are of a concern to many. However, the situation is still progressive and there are several choices which are gradually offered to us now. As for the demands of consumers, more effective solutions are coming to the market to let us make a switch to a more profitable option. As there are some options available, there is a hope that in the future this situation can be changed for the better for all the parties.

Cannot avoid this reality and all will certainly happen. If demand is indeed high at that time, then it will automatically be that the costs that we may need will follow, including, of course, the cost of gas, which cannot be avoided because of this situation, although, as you said of course, it cannot completely change that in the near future.
I agree with what you said that there will always be profitable options where at any time there could be changes in the future, and we just have to wait for that.

[ajiz138]

The logic that makes sense and is indeed like that for gas fees, is that if in a very, dense traffic situation and also the price is already high, then automatically the gas fee will be high.
But they have tried to fix it, but until now there has been no significant change, and it is still the main obstacle.
You are right not only SOL, but many whose gas fees are currently very cheap and are an alternative to use.

More and more new networks with low gas fees will benefit us as users.
High gas fees have always been a problem for us and we know it has not been resolved until now.
Solana, BNB and TON offer low gas fees, we can choose these networks.

It seems that gas costs can also enter the competition where small investors prefer to be on a network that has low gas costs to transact.

And it is undeniable that there are many complaints about high gas costs. Because sometimes small investors like us think about gas costs and it is impossible for us to transact while the costs we have to spend are higher than what is transacted.

[Vx1]

It seems that gas costs can also enter the competition where small investors prefer to be on a network that has low gas costs to transact.

And it is undeniable that there are many complaints about high gas costs. Because sometimes small investors like us think about gas costs and it is impossible for us to transact while the costs we have to spend are higher than what is transacted.

If there is an option to use a network with low Gas fees, of course everyone will choose that. Small investors or big investors are the same, they have calculations which can generate greater profits then that will be chosen. Now Ethereum layer2 has many choices, to get cheaper Gas fees.

[armanda90]

In this week, gas fees of ethereum drop significant and bigger opportunity for any people hold their ERC20 coins for sending to CEX exchange or swap at UNISWAP dex. Its difficult found of gas fees under 1 GWEI although for today have increasing again above 2 GWEI. I don't know when holding or receiving ERC20 coins from airdrop or bounty gas fees increasing drastically but when my coins have been sold gas fee decreasing.
If you still hold any coins with ethereum network now is the right time moving to CEX exchange and spend few cent dollar only for sending it.

[ajiz138]

It seems that gas costs can also enter the competition where small investors prefer to be on a network that has low gas costs to transact.

And it is undeniable that there are many complaints about high gas costs. Because sometimes small investors like us think about gas costs and it is impossible for us to transact while the costs we have to spend are higher than what is transacted.

If there is an option to use a network with low Gas fees, of course everyone will choose that. Small investors or big investors are the same, they have calculations which can generate greater profits then that will be chosen. Now Ethereum layer2 has many choices, to get cheaper Gas fees.

The best choice will definitely be chosen, and also usually we will also take the option of high network costs as long as it is profitable and usually I myself use it more in the long term.

Big investors may not think about that, because the amount they put in as an investment is also very large, so the costs they have to spend are not much, unlike small investors.

[Vx1]

In this week, gas fees of ethereum drop significant and bigger opportunity for any people hold their ERC20 coins for sending to CEX exchange or swap at UNISWAP dex. Its difficult found of gas fees under 1 GWEI although for today have increasing again above 2 GWEI. I don't know when holding or receiving ERC20 coins from airdrop or bounty gas fees increasing drastically but when my coins have been sold gas fee decreasing.
If you still hold any coins with ethereum network now is the right time moving to CEX exchange and spend few cent dollar only for sending it.

It seems that the Ethereum Gas price is now very different from before, maybe the use of the Ethereum network has decreased or maybe because of the tight network competition so that Ethereum lowers its Ethereum Gas Fee. what is certain is that lately the Ethereum Gas fee is very cheap in my opinion compared to before.

[yohananaomi]

In this week, gas fees of ethereum drop significant and bigger opportunity for any people hold their ERC20 coins for sending to CEX exchange or swap at UNISWAP dex. Its difficult found of gas fees under 1 GWEI although for today have increasing again above 2 GWEI. I don't know when holding or receiving ERC20 coins from airdrop or bounty gas fees increasing drastically but when my coins have been sold gas fee decreasing.
If you still hold any coins with ethereum network now is the right time moving to CEX exchange and spend few cent dollar only for sending it.

It seems that the Ethereum Gas price is now very different from before, maybe the use of the Ethereum network has decreased or maybe because of the tight network competition so that Ethereum lowers its Ethereum Gas Fee. what is certain is that lately the Ethereum Gas fee is very cheap in my opinion compared to before.

Yes, that is real, and it is undeniable with that fact, because no matter what, it is certain that there will be an impact, because now there are many networks available at very good prices if they do not make changes and improvements, then it is possible that there will be fewer people who will use the network and that will still have an impact in the future. So it is possible that there have been significant improvements made by them in order to compete well.

[rizqillah]

In this week, gas fees of ethereum drop significant and bigger opportunity for any people hold their ERC20 coins for sending to CEX exchange or swap at UNISWAP dex. Its difficult found of gas fees under 1 GWEI although for today have increasing again above 2 GWEI. I don't know when holding or receiving ERC20 coins from airdrop or bounty gas fees increasing drastically but when my coins have been sold gas fee decreasing.
If you still hold any coins with ethereum network now is the right time moving to CEX exchange and spend few cent dollar only for sending it.

It seems that the Ethereum Gas price is now very different from before, maybe the use of the Ethereum network has decreased or maybe because of the tight network competition so that Ethereum lowers its Ethereum Gas Fee. what is certain is that lately the Ethereum Gas fee is very cheap in my opinion compared to before.

Yes, that is real, and it is undeniable with that fact, because no matter what, it is certain that there will be an impact, because now there are many networks available at very good prices if they do not make changes and improvements, then it is possible that there will be fewer people who will use the network and that will still have an impact in the future. So it is possible that there have been significant improvements made by them in order to compete well.

A network, even if it is old, if there is no improvement, it will not be able to compete with a new network that offers advantages, cheap gas fees and fast transactions without tribles, which are considerations for investors in choosing a network.
As a user, I am also looking for a cheap network, honestly like that

[armanda90]

It seems that the Ethereum Gas price is now very different from before, maybe the use of the Ethereum network has decreased or maybe because of the tight network competition so that Ethereum lowers its Ethereum Gas Fee. what is certain is that lately the Ethereum Gas fee is very cheap in my opinion compared to before.

Huge difference from before usually GWEI raise up to 40 until 100 and in this month decreasing under 1 GWEI with worth its fees for transaction spending under $1. I remember well when claiming and swapping my Research hub coins take almost 40$ for fees only due that coins only have dapp exchange for selling coins.
But after all my ERC20 coins sold out right now fee of Eth huge decreasing significant and yesterday drop under around 0.7 GWEI, I am excited with new coins launching have ERC network due still have lower fees for sending or swap directly at dapp exchange.