With the recent spike in Bitcoin transaction fee, it's evident that these fluctuations are significantly impacting the adoption rate of Bitcoin. While there has been a temporary reduction in fees, the underlying issues leading to the initial spike remain unresolved, raising concerns about the sustainability of the current fee levels.
High transaction fees as a result of network congestion in the past was attributed to the scalability challenge of Bitcoin. But this time around, we are seeing something new, an outright attack on the Bitcoin Network. This shows there is a vulnerability the Bitcoin devs have to work on to resolve. If nothing is done about the high fees, I'm afraid that Bitcoin adoption will be heavily impacted because it does not just make sense paying high fees for small transactions. To make Bitcoin more usable, it must stand out as the best option, high fees does not align with this one bit.