Gas fees

[Gurujebs]

I think what you said is true: There has indeed been a good change to the Ethereum network, but because most of the disappointments were obtained before, many still doubt that there will be consistency for there to be changes in gas fees.
It is not surprising that even though it has decreased, many have not dared to use the network even though it is very profitable to use the ERC20 network.

This reduction in fees is like that because the network isn't busy, if today the gwei spark up again, the network fee will goes up and it will be difficult for to even make transaction but is saving the network now is that most of the hype meme coins are no longer there again, they have migrated to Solana and the network now feels empty like there is nothing going on.

In addition, the layer 2 network are also contributing to this reduction in the fees. Had it been those layer 2 doesn't exist in the first place, Ethereum chain will be difficult to use but because the chain will be competition to comfirm transaction.

[doc]

I think what you said is true: There has indeed been a good change to the Ethereum network, but because most of the disappointments were obtained before, many still doubt that there will be consistency for there to be changes in gas fees.
It is not surprising that even though it has decreased, many have not dared to use the network even though it is very profitable to use the ERC20 network.

This reduction in fees is like that because the network isn't busy, if today the gwei spark up again, the network fee will goes up and it will be difficult for to even make transaction but is saving the network now is that most of the hype meme coins are no longer there again, they have migrated to Solana and the network now feels empty like there is nothing going on.

In addition, the layer 2 network are also contributing to this reduction in the fees. Had it been those layer 2 doesn't exist in the first place, Ethereum chain will be difficult to use but because the chain will be competition to comfirm transaction.

You are right that fees will be expensive during high traffic, but with many hyped meme coins using alternative networks like solana, we see the network seem to be decreasing on ethereum.
new networks will be a pretty good alternative option for users and we can take advantage of it.

[Blaze]

You are right that fees will be expensive during high traffic, but with many hyped meme coins using alternative networks like solana, we see the network seem to be decreasing on ethereum.
new networks will be a pretty good alternative option for users and we can take advantage of it.

Even though Ethereum still remains the network within which most altcoins are based, the advancement in the blockchain technology has created room for other networks to compete based on efficiency. However, what we may see in some aspects is a decline of Ethereum’s dominance in some of these sectors due to shifting more projects to networks like Solana that manage to take on those responsibilities at a lower cost and with slightly faster speeds. It definitely provides more possibilities of alternatives to ensure that the market plans of the users and investors are altered to encompass the changes that come with time. But that is still an advantage of Ethereum, so this means that this competition can actually push further innovations in the whole ecosystem.

[Vx1]

I think it's natural that Solana can often experience errors because almost all new projects come from the Solana network. Besides that, the costs are also cheap, just like Binance. I agree that both are very popular, and the network is widely used because of the speed and cheapness obtained from the network and is the target of all new projects. But in any case, in my opinion, Binance is still the best so far.

In fact, Ethereum GAS Fees have started to become cheap and affordable, this is because traffic on the Blockchain is not as dense as before. The many new tokens on the network other than Ethereum make traffic loose and ultimately have an impact on cheap GAS fees.

Binance Smart Chain is indeed a good Blockchain, cheap and the transaction speed is also fast.

[dave_strider]

I think it's natural that Solana can often experience errors because almost all new projects come from the Solana network. Besides that, the costs are also cheap, just like Binance. I agree that both are very popular, and the network is widely used because of the speed and cheapness obtained from the network and is the target of all new projects. But in any case, in my opinion, Binance is still the best so far.

In fact, Ethereum GAS Fees have started to become cheap and affordable, this is because traffic on the Blockchain is not as dense as before. The many new tokens on the network other than Ethereum make traffic loose and ultimately have an impact on cheap GAS fees.

Binance Smart Chain is indeed a good Blockchain, cheap and the transaction speed is also fast.

Yeah, even though ETH does some developments and keeps their diaries going, it's not as talked about as SOL currently. At least in spaces I am a part of.

[armanda90]

In fact, Ethereum GAS Fees have started to become cheap and affordable, this is because traffic on the Blockchain is not as dense as before. The many new tokens on the network other than Ethereum make traffic loose and ultimately have an impact on cheap GAS fees.

Binance Smart Chain is indeed a good Blockchain, cheap and the transaction speed is also fast.

Seems more stable with ethereum gas fees under 0,6 gwei almost one month, benefit for ethereum network coin when swapping at dex exchange just spend few cent fees only as usually we must spent higher fees every transaction. Usually if high traffic of Ethereum network bring impact for gas fees raise up and we must spent much fee for transaction, have been one month we just spent few cent only for sending ethereum coin network.
For BNB have been stable become cheapest network fees, difference with ETH just stable at cheapest gas fee just few months ago with usually high fees for transaction.

[tequilla_sunset]

In fact, Ethereum GAS Fees have started to become cheap and affordable, this is because traffic on the Blockchain is not as dense as before. The many new tokens on the network other than Ethereum make traffic loose and ultimately have an impact on cheap GAS fees.

Binance Smart Chain is indeed a good Blockchain, cheap and the transaction speed is also fast.

Seems more stable with ethereum gas fees under 0,6 gwei almost one month, benefit for ethereum network coin when swapping at dex exchange just spend few cent fees only as usually we must spent higher fees every transaction. Usually if high traffic of Ethereum network bring impact for gas fees raise up and we must spent much fee for transaction, have been one month we just spent few cent only for sending ethereum coin network.
For BNB have been stable become cheapest network fees, difference with ETH just stable at cheapest gas fee just few months ago with usually high fees for transaction.

ETH is just not pumped and not on the rally, currently.

It's not its time yet, that's how I see it and why the network isn't congested.

[salad daging]

In fact, Ethereum GAS Fees have started to become cheap and affordable, this is because traffic on the Blockchain is not as dense as before. The many new tokens on the network other than Ethereum make traffic loose and ultimately have an impact on cheap GAS fees.

Binance Smart Chain is indeed a good Blockchain, cheap and the transaction speed is also fast.

Seems more stable with ethereum gas fees under 0,6 gwei almost one month, benefit for ethereum network coin when swapping at dex exchange just spend few cent fees only as usually we must spent higher fees every transaction. Usually if high traffic of Ethereum network bring impact for gas fees raise up and we must spent much fee for transaction, have been one month we just spent few cent only for sending ethereum coin network.
For BNB have been stable become cheapest network fees, difference with ETH just stable at cheapest gas fee just few months ago with usually high fees for transaction.

Now making transactions on the Ethereum network does not have to worry anymore because it is cheap gwei nya several times doing bridges do not spend more fees, meaning that now interacting in many ETH network Dapps is no longer anxious maybe because of the effect of falling prices and low traffic?
But this is good enough to utilize dex on the ETH network for potential airdrops in the future.

[rizqillah]

In fact, Ethereum GAS Fees have started to become cheap and affordable, this is because traffic on the Blockchain is not as dense as before. The many new tokens on the network other than Ethereum make traffic loose and ultimately have an impact on cheap GAS fees.

Binance Smart Chain is indeed a good Blockchain, cheap and the transaction speed is also fast.

Seems more stable with ethereum gas fees under 0,6 gwei almost one month, benefit for ethereum network coin when swapping at dex exchange just spend few cent fees only as usually we must spent higher fees every transaction. Usually if high traffic of Ethereum network bring impact for gas fees raise up and we must spent much fee for transaction, have been one month we just spent few cent only for sending ethereum coin network.
For BNB have been stable become cheapest network fees, difference with ETH just stable at cheapest gas fee just few months ago with usually high fees for transaction.

Now making transactions on the Ethereum network does not have to worry anymore because it is cheap gwei nya several times doing bridges do not spend more fees, meaning that now interacting in many ETH network Dapps is no longer anxious maybe because of the effect of falling prices and low traffic?
But this is good enough to utilize dex on the ETH network for potential airdrops in the future.

There are indeed many ways to use the ethereum network with low gas fees as you said. However, many investors also prefer other networks that also offer lower gas fees. And currently investors prefer meme coins that are currently hyped. And most meme coins use the BSC and solana networks.

[Blaze]

In fact, Ethereum GAS Fees have started to become cheap and affordable, this is because traffic on the Blockchain is not as dense as before. The many new tokens on the network other than Ethereum make traffic loose and ultimately have an impact on cheap GAS fees.

Binance Smart Chain is indeed a good Blockchain, cheap and the transaction speed is also fast.

Seems more stable with ethereum gas fees under 0,6 gwei almost one month, benefit for ethereum network coin when swapping at dex exchange just spend few cent fees only as usually we must spent higher fees every transaction. Usually if high traffic of Ethereum network bring impact for gas fees raise up and we must spent much fee for transaction, have been one month we just spent few cent only for sending ethereum coin network.
For BNB have been stable become cheapest network fees, difference with ETH just stable at cheapest gas fee just few months ago with usually high fees for transaction.

Now making transactions on the Ethereum network does not have to worry anymore because it is cheap gwei nya several times doing bridges do not spend more fees, meaning that now interacting in many ETH network Dapps is no longer anxious maybe because of the effect of falling prices and low traffic?
But this is good enough to utilize dex on the ETH network for potential airdrops in the future.

This does bring quite interesting changes to the Ethereum environment that is happening now. In fact, comparing to the relatively high charges by rest of the platforms, low transaction fees are more convenient for users aiming to engage with various applications. When growth slows down in the market place there are areas that one can be able to take advantage of such as in a bid to consider several services that one may have discarded earlier due to factors such as charges. This indeed makes the configuration to offer a more comfortable experience to individuals who would like to engage in active participation in the Ethereum network without having to worry much about the high gas fees. Indeed, those Axie Infinity, CryptoKitties and other game players will effectively seize this opportunity.

[rdluffy]

...
But this is good enough to utilize dex on the ETH network for potential airdrops in the future.

It's not REALLY  cheap, but it's better than before
I'm making some txs on mainnet because some projects look at your history in mainnet to see if you're sybil or not

But I'm paying sub 1 USD at least

[armanda90]

...
But this is good enough to utilize dex on the ETH network for potential airdrops in the future.

It's not REALLY  cheap, but it's better than before
I'm making some txs on mainnet because some projects look at your history in mainnet to see if you're sybil or not

But I'm paying sub 1 USD at least

Not to much expensive spending or paying $1 for bridge or swap by using ethereum network, although still expensive than other network but ethereum gas fees have significant decreasing and for sending coins just take few cent only.
Little disappointed why right now gas fees of ethereum have significant dumping or most cheapest when the arbitrage moment almost over,
maybe last year we found many coins at dapp exchange have lower price but difference at cex exchange, we can earn much profitable if arbitrage but have problem by paying high gas fees transaction.

[rizqillah]

...
But this is good enough to utilize dex on the ETH network for potential airdrops in the future.

It's not REALLY  cheap, but it's better than before
I'm making some txs on mainnet because some projects look at your history in mainnet to see if you're sybil or not

But I'm paying sub 1 USD at least

Not to much expensive spending or paying $1 for bridge or swap by using ethereum network, although still expensive than other network but ethereum gas fees have significant decreasing and for sending coins just take few cent only.
Little disappointed why right now gas fees of ethereum have significant dumping or most cheapest when the arbitrage moment almost over,
maybe last year we found many coins at dapp exchange have lower price but difference at cex exchange, we can earn much profitable if arbitrage but have problem by paying high gas fees transaction.

Expensive Fgee Gas is always a problem and material consideration for using the network. At present the ethereum gas fee has decreased and can be said to be cheap, but this is due to decreased traffic or due to improvement from the Ethereum network by its developers.
 Currently there are many good networks so users can choose the preferred network

[Amug123]

You are right that fees will be expensive during high traffic, but with many hyped meme coins using alternative networks like solana, we see the network seem to be decreasing on ethereum.
new networks will be a pretty good alternative option for users and we can take advantage of it.

Even though Ethereum still remains the network within which most altcoins are based, the advancement in the blockchain technology has created room for other networks to compete based on efficiency. However, what we may see in some aspects is a decline of Ethereum’s dominance in some of these sectors due to shifting more projects to networks like Solana that manage to take on those responsibilities at a lower cost and with slightly faster speeds. It definitely provides more possibilities of alternatives to ensure that the market plans of the users and investors are altered to encompass the changes that come with time. But that is still an advantage of Ethereum, so this means that this competition can actually push further innovations in the whole ecosystem.

the rise of alternative blockchain networks present both challenges and opportunities for Ethereum. While Ethereum dominance may decline in some sectors, the competition driven innovation will likely lead to improvement in the overall ecosystem. As the blockchain landscape continues to evolve,  it's essential to monitor the development and adaptation of Ethereum and its competitors.

[salad daging]

...
But this is good enough to utilize dex on the ETH network for potential airdrops in the future.

It's not REALLY  cheap, but it's better than before
I'm making some txs on mainnet because some projects look at your history in mainnet to see if you're sybil or not

But I'm paying sub 1 USD at least

Well, at least it's cheaper. Lol

Let's do more transactions on the mainnet because now the project always detects a lot from how often to tx on the mainnet, if only a little then it is considered sybil.

Like tx on the ETH mainnet is more important in my opinion.