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 know this feels mate. Even me myself, I’m just sick and tired of these terrible gas fees of Ethereum. Especially when the network is freaking congested, it’s really awkward to pay high gas fees in double or triple digits. Worse if we are going to use Uniswap either for swapping or adding or removing liquidity. I can see that there would be a decline in the number of users and projects running on Ethereum.