Any reason for the Ethereum gas price being so high lately?
Here are the posible reasons base on experienced and what I know
1. I think it is because of you amount that you want to transact
Ok I get that explanation but why such a high traffic then?
It's been going on for weeks now.
2. It is because if the traffic many people thousands, billions of peoplw trade, sell and buy exchange and transfer it from time to time. It's been going on for weeks now.
It is not just you who do a transaction
Lets say
We have 2 lanes in the cyber space
Line 1
Fee is 1USD
And you have to fall in line for that transfer
But for line 2 it is 2USD
And you have to fall in line too BUT it is much more faster than the fee of line one
In short the one who pays higher gets a transfer faster but not in one click because like I said many people do a transaction from time to time.
