Many of us are deservedly outraged by the high gas price that has recently been paid for moving ERC-20 and ethereum tokens. However, the solution to this problem is already approaching. In July, in about four months, as part of the improvements to Ethereum 2.0, it is expected that high gas prices will go away, if not forever, then for a long time.
Ethereum Improvement Proposal (EIP) 1559 is the most anticipated improvement along with increased scalability for the network since the launch of ETH 2.0.
We hope that the staggering popularity of Ethereum will not only recover, but also soar to an unprecedented level.
Link:
https://beincrypto.com/ethereum-developers-eye-july-gas-saving-eip-1559-launch/This is nice to hear. I'm an Ethereum supporter and I really can't wait for this thing to actually happen. Though they said they don't think those changes will have an impact on Eth price I still believe it will have. There are still a lot of people out there waiting for Eth gas price to become much more cheaper and I'm sure when it happens those individuals will surely create an impact to Eth price.