It's so difficult to make a single transactions now under Ethereum blockchain. A very high gas fees are killing small investors and traders. But miners would love to see gas fees going to the moon because they benefited from it. However, this is not good for Ethereum in the long run, their users/consumers are suffering but their miners are enjoying this high gas fees.
Also, Ethereum competitors will surely grab this high gas fees opportunity. It's not good.
When will the Ethereum gas fee go down? Anyone knows?
I dont think the fees will go down, all people are trying to have a fast transaction in Ethereum to trade DeFi coin from Decentralized Exchange makes the blockchain so busy at this time.
At least we need a solution or we need to wait until the defi hype going down.