Quote from: Nazmul012 on Today at 08:09:10 PM

transaction of altcoins is responsible behind increasing of eth fee. Cause most of altcoins are on eth blockchain. When crypto industry passing through pump or dump, then people highly purchase or sold their altcoins. More transaction creates more pressure on eth blockchain. That time its block capacity get overloaded, no space for transactions. Then block only accept transaction id which come fast! But for fast transaction, need high fee. Otherwise transactions take long time to get a block or failed sometimes

Facts surrounding the increase of ETH gas fees, there's so many people that use the ETH network to transfer their coins to another wallet. Each coin that is categorised under ETH network is usually very high when it comes to gas fees. Perhaps, it's a general and familiar Network people used for transferring their coins. One of the major reasons they don't trade under other networks is because they are not familiar with it. I recommend the TRC 20 network rather than wasting funds all in the name of transferring your coins. All you have to do is purchased TRX tokens, then you are eligible to transfer your coins, their Gas fee is usually small. For instance, when transferring your usdt from Binance, you will have to pay a gas fees of 1usdt or half Of TRX you are transferring despite the amount your are transferring, sometimes it's gas fees is equivalent to 0.1 dollar. Unlike ETH network where your gas fees increase in accordance to the Quantity of coins you are purchasing. Isn't that simple?