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.
Right now one of the blockchain i avoid doing transactions on is the Ethereum blockchain, the fees are just too high for an average investor to pay per transaction, over $105 for just one transaction that's too much Tbh, nowadays I normally make transactions using TRX, so if you can't afford the high gas fees like me just exchange your eth to trx and make your transaction.
When will the Ethereum gas fee go down? Anyone knows?
I don't really know when the gas fees will go down, cause the price of Eth is still high and it's seems large investors don't care about it the high gas fees, everyone is coping with the new situation of paying high gas fees for each transaction, maybe the only time this gas fees will go down is when the price of Eth goes down, for now each TX is you will need $10+ eth to cover the fees.