The fees to send ETH are minimum $5 in fees ... is it going to change back to "normal"?
Who dictates how much fees are charged?
If ETH is claimed to be decentralized where are those high fees coming from if not from a centralized party?!
Recently when I try transfer my ETH to another wallet, it would cost me $6 in gas fees and it's kinda ridiculous. First, high gas fees was due to that Forsage scam and now into DeFi craze that makes these transactions go wild and congested. I understand that a lot of people have jumped in on DeFi by simply converting their Bitcoin and other cryptocurrencies into ETH.
I was hoping for ETH 2.0 to come out soon to finally solve these ridiculously high transaction fees. I wish I would convert it to BTC or USDT, but I have faith in ETH that it would go up again without dealing with these high gas fees.