The current status regarding the transaction cost problem is going bad .
The current scenario is pretty bad . My last transaction took like 3 days to get confirmed .  This is all due to the raging load on the block chain and sudden increase in  the number of transactions . The transaction fees is so high and it is quite  obvious when the load too much . This is the time where there are way many transactions then the number of mining pools to handle . I hope the team is working to build some more pools to divide the mining load .