Right now I can see that Ethereum has fee is very high and it's annoying, I thought after the Ethereum upgrade the gas will be lower? Ethereum is at 1500$ imagine what will happen at 10,000$ per Ethereum.
Main Question
Assuming I hold 0.001 ETH mainly for a gas fee only and the value was 0.56$ then price surge up, is the increment going to be on the Sats? E.g ( 0.002 ETH ) or the increment is going to be on the value? E.g 0.001 ETH = 1.06$?
What upgrade are you tarking about? The Merge wasn't supposed to lower transaction costs. And you don't have to imagine what happens when the chain is overload. Just take a look what happened when eth was $4k. Only rich people were able to use it. They were also making ton of money but fees were just too much for anyone who didn't want to spend another $100 just for fees and hope that their transactions went trough. I used so much extra just because i wanted smart contract transactions to go trough.