Yes, you are right. The increase in gas costs did not just happen. The DeFi industry boom factor has driven high levels of congestion as well as increased scalability issues and its impact was felt together amid the DeFi hype following the launch of the Uniswap UNI token and surprisingly this is not a big deterrent to stopping users from transacting.
But this did not take long,now the fees are starting to lowering and we are looking for the end of this defi season .
if the congestion was not there then fees will not increase this high.
Sorry if this not the proper place to post this and sorry if i feel little mad about it, but ALMOST all wallets ask for crazy ETH fees that are hard to cover, any hope that in a near future can be lowered?...
because of Defi trend, so they use Eth to swap Defi coin, that is reason why transfer fee too high at this moment.
but we are not expecting this for long time,actually in Bitcoin this happens every time but we are use to it,so maybe this is the time that
we will do the same in Ethereum.