Post
Topic
Board Speculation (Altcoins)
Re: Why is Ethereum fees going down in this days?
by
AmoreJaz
on 19/03/2022, 23:00:32 UTC
In these days ETH gas fee will down to 5$ per transaction why this happen?
We should be more glad about this news, because it becomes cheaper and I hope that it continues until it goes back to a more cheaper fees.
We all don't want expensive transactions and a slower network, this has been the problem with ETH network and hoping that their updates will address this problem. I don't know the current situation of that update but at least, its good to see lower fees though compare to other network it is still expensive.

maybe this is also owed to decongestion of eth network because other competitor networks with cheaper fees. though we don't know what's the real deal about their eth 2.0 update, but good to know that they are slowly going down their fees. but the fees using uni and opensea are still high, check in their gas tracker site . but if you are dealing with large amount of money, $25-30 is no big deal especially if you are selling thousands worth in opensea.