Post
Topic
Board Speculation (Altcoins)
Re: Why is Ethereum fees going down in this days?
by
tbterryboy
on 01/04/2022, 20:08:53 UTC
It really doesn't look too bad, it is under 3 dollars right now, and the swaps that we had to do (approve and all" did dropped to 20-30 dollars instead of being 100+ dollars which was insane. However it is still nowhere close to what it should be. It is certainly something that we need to work on for sure.

It is clear to me that we have to work hard towards building something better for ethereum and that could only happen if we could drop the swap parts as well. I get that transactions under 3 dollars is as good as we could hope for, if it could drop under 1 dollar that would be even better but I can understand the 3 dollars levels as well. But the fact that it still costs 20+ dollars to just approve something is too high.