We all know how most of us are sick and tired of Ethereum’s exorbitant and uncontrollable gas fees these days? But I wanna hear some experience from you guys. Whenever you trade, transfer an ERC20 token, swapping it on Uniswap or minting and buying an NFT on the OpenSea, etc., can you remember what is the highest gas fee you’ve ever paid?
Let’s begin with me. Mine was like almost $100 in ETH for just claiming my tokens from the bounty that took me a year of waiting. Would love for you to share your experiences as well! Thanks!
Ethereum belongs only to whales, high gas fees are meaningless to them. Similarly they move Bitcoin from one exchange to another with high gas fees. For those of us who only have a small income, then leave Ethereum for a while until gas costs return to normal. I believe there is a big plan behind Ethereum's high transaction fees. It's possible that they want other blockchains to continue to be active, such as BSC, Polygon, and others. If Ethereum fees are low, it's possible that the BSC blockchain won't be used.