Post
Topic
Board Altcoin Discussion
Re: Will competitors defeat ETH due to ever-increasing gas fees?
by
Google+
on 31/01/2022, 05:38:15 UTC
@Fatunad I agree. People are opting for other alternatives for Ethereum like Cardano, Solana or polkadot due to the high gas fee but when the Ethereum 2.0 will launch which has negligent gas fees, again people will start opting Ethereum and the price will see a surge.
While waiting for the launch of Ethereum 2.0, it also doesn't hurt to use other networks like the ones you have mentioned and also like the BSC and Matic networks which are still very cheap until now so there is no need to think about expensive transaction fees and keep monitoring the development of Ethereum, because it stops because expensive transaction fees are not the best option for now.