Yeah it definitely is exciting but this over excitement of holders not patient enough is what has caused drastical increase in fees. Take a look;
FROM
TO
In just a space of about 6 hours just because people are rushing to move their Bitcoins to exchanges and quickly make profit off it. However the fees will go back to normal though once the rush has subsided.
FROM
- fastestFee: 11 sat/vB
- halfHourFee: 11 sat/vB
- hourFee: 11 sat/vB
- economyFee: 8 sat/vB
- minimumFee: 4 sat/vB
TO
- fastestFee: 53 sat/vB
- halfHourFee: 48 sat/vB
- hourFee: 42 sat/vB
- economyFee: 10 sat/vB
- minimumFee: 5 sat/vB
In just a space of about 6 hours just because people are rushing to move their Bitcoins to exchanges and quickly make profit off it. However the fees will go back to normal though once the rush has subsided.
This is a spike which affected just a few blocks. Didn't change overall fees for the day.
You can still use less than 30 sat vB fees