even now ethereum gas is still high to make an ERC20 token transaction it takes 12$-30$
this is the problem for ETH blockchains that has not been resolved until now is the high fee even some projects are pending distribution because the fee is too high
We thought that the London hard fork will decrease the fees. But with the looks that we have in the market, there's still not that much effect from that fork.
We have no idea until when we're going to see the fee gets lower.
this is a series of long processes that ethereum does to get to ethereum 2.0
Later there will be several proposals made to regulate gas minimum transactions, hopefully they can be used to reduce gas fees which are too high. It seems that we also have to be patient, at least the gas fee has recently begun to be controlled.
the ethereum network is really strong, the ecosystem is wide, even the high fee gas some time ago was not enough to really bring it down. yes, ethereum still exists, hopefully further developments can really be used to control gas fees.
It is gradually going down compared on few days where gas were too high.Honestly im not really surprised that the recent London fork update didnt really make such impact or able to resolved high gas fee issue
but we know that effects cant be shown in instant.Let alone for several months to pass and also you could actually check out if you are really that eager to make transactions.
Gasnow.org is the site ive been visiting whenever i do have some transaction but if the price is still high then i dont have any choice but to pay up.