What do others here think of this speculation which seems incredible and unbelievable but who knows - do you think a $50K USD ETH top in this market cycle is crazy talk, or do you think it’s a wildly optimistic possibility with DeFi that’s going to be huge in 2021 running 95% on ETH and with ETH 2.0 offering the promise of massive scalability just in time hopefully to save the day from the “ETH-killers”! Thoughts? ....
it's a very optimistic possibility. driven by DeFi under the Ethereum network making it a huge force. In fact, on the other hand, high GAS cannot provide new space for traders to send their Ethereum from hard wallets to exchanges. Just imagine that each transaction would cost a large amount of GAS. this is very troublesome.
i believe this gas fee problem will be addressed on this eth 2.0. i dont think the eth dev team is sleeping on this bottleneck. because if they will not do anything about it, a lot will go to another network, which are offering much cheaper fees. there are a lot of small crypto users that cant afford those high gas fees.
so i strongly believe the eth team has already rectified this prob or has been working on it. they wont fail their supporters. thats my take on this. so the price surge is really around the corner.