It really is crazy how projects adopt Eth over other cheaper and faster blockchain networks!

I personally cannot get it. Eth gas fees depend upon the network usage and other hidden parameters.

What is obvious, if Eth doesn't upgrade its fees, new projects will use other cheaper networks, like TRC20. Now, many choose to use BSC over Eth. Recent projects rely on TRC20, like the Decentralized Ferox trading start-up.

Decentralized Finance will prefer Avax, Fantom, TRC20, and BSC over Eth. This doesn't mean Eth is weak as a technology, but its fees are aggressive right now!