Post
Topic
Board Altcoin Discussion
Re: Why ethereum gas price is very high?
by
Fallenkeith75
on 31/10/2021, 13:16:14 UTC
Recently?

It's like $180

Buying WETH in ronin becomes expensive.

I've heard binance allows that. However, we can't buy WETH in binance. There is no such market.

I think once L2s become more widespread, it should help the gas fees a bit, but the reason that gas fees are high is because ethereum has trouble scaling. The upcoming change to eth 2.0 should also help a bit once sharding goes live, but it's not expected to go live until sometime in 2022.