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Topic: When ETH GAS Price will stable? We paid 33.74$ GAS price for 10$ token transfer. - page 4. (Read 366 times)

sr. member
Activity: 1484
Merit: 264
Next Generation Web3 Casino
I think gas fees from ETH can be stable someday, maybe when ETH 2.0 has been launched, then it can make gas fees from ETH lower than now
We have seen some developments of ETH like ETH 2.0, London hard fork etc. The purpose of all these developments was to reduce gas fees. But in reality it was not seen.  It remains to be seen what development will come next. However, if the market goes down, the gas fee will automatically go down.
sr. member
Activity: 1722
Merit: 269
I think ETH biggest problem is GAS price. Today we paid 33.74$ GAS price for 10$ token transfer.

https://etherscan.io/tx/0xc09e5515f8f53b88b9bd4063a33ce8368f9bf0e8e86ebf4c14b86d25d874161b

What do you think, is there any possibility for ETH GAS price will stable?


This is one of the most discussed topics within the crypto space for at least a few months now and rightly so because at the moment the Ethereum network is hardly usable for small traders and everyday users that are doing small transaction like the one you posted in your OP. This is also the reason why a lot of projects and users switched to Binance smart chain or to layer 2 solutions like polygon recently because there the fees are only a fraction compared to the ETH-network.
I would say that at some point in 2022 when the ETH-Network makes the final switch to PoS then the prices of transactions should drop... if they will not...bad times for ETH.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
This is why I try to avoid using ETH or any coin that uses GAS fees. The fees are straight up obnoxious and doesn’t seem to go down at a more reasonable price. While the rest of the world complains about btc tx fees being high, they haven’t peeked into what ETH has in store for us when it comes to tx fees. And here I was thinking that the past upgrades would solve most of these problems, but they’re still there unfortunately.
hero member
Activity: 2408
Merit: 693
SOL.BIOKRIPT.COM
Let's hope there will be remedy in the near future but right now the gas fees is crazy, it is even more frustrating when you are sending very low amount and spending high fees to transfer it, honestly I prefer using other chains now, etc is great but gas fee is very unbearable, they really need to do something about it.
legendary
Activity: 3164
Merit: 1175
From Betfury casino withdrawing Ethereum on Ethereum chain is with 0.005 ETH fee! Withdrawing Ethereum with BSC (Binance chain) is with a 0.0001 ETH fee! So you do the math what is more affordable and better in this case!
Ethereum fees are crazy for some time already, and it's why I don't use it as before! Now if it's possible to use other chains I will do it, if not I will just leave it there for better days if they ever come!
full member
Activity: 1372
Merit: 110
You should always check gas fee before make a transaction. You can check ETH gas fee here https://etherscan.io/gastracker.

This is the pick hour. ETH gas price is less on 4-6 Am (UTC 0). If you do the transaction at that time, you can do the transaction at a much lower fee.
newbie
Activity: 20
Merit: 0
I think ETH biggest problem is GAS price. Today we paid 33.74$ GAS price for 10$ token transfer.

https://etherscan.io/tx/0xc09e5515f8f53b88b9bd4063a33ce8368f9bf0e8e86ebf4c14b86d25d874161b

What do you think, is there any possibility for ETH GAS price will stable?
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