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?
Yes, that's why miners were preventing the implementation of ethereum improvement proposal 1599
This caused by miner can't earn the crazy fees again from the users
https://nairametrics.com/2021/02/07/miners-earn-a-whopping-3-5-million-per-hour-on-ethereum-network/This time the tx fees are around $4 for ethereum tx and $8 - 10$ for the token transfer. Can you afford it? it's quite low right now dude. No one knows when the tx fees will decrease but it's likely the fees will sustain at this level until the implementation of EIP.
Correct!!! But buterin should do something into this gas fees since its too much to be honest.