The high price is due to the fact that there is a lot of demand. And as we know from the lesson in economics, the higher the demand, the more supply. And of course the price will be high. Everyone uses it and wants to use it because of its simplicity.
For all the advantages of Ethereum, the coin is going through difficult times right now. I am sure that the developers are aware of all the risks and do their best to cope with the load as soon as possible. But the steady growth of ETH inspires confidence and calm. It remains only to wait for the blockchain to stabilize and the price of commissions to decrease.