Nowadays, everyone should know the significant price increase that cryptocurrencies present for various reasons, which all experts explain.
The maturities of interest securities and decentralized finance are the main causes of all these increases in bitcoin, ethereum and the various altcoins that go hand in hand with them.
But what happened to Dapp, applications that work within blockchains, such as ethereum, for no one is a secret in the criminal increase in fees for performing operations within these blockchains.
This problem personally has affected me directly since I was working directly in one of these dapps. and I paid for each of my operations, now with the high price of commissions and the price of the currency, I am totally stagnant.
Do not tell me that you do not know that some exchanges have stopped their withdrawal operations and Ethereum transfers due to high commissions, if for them it is difficult if not impossible to pay these costs, what remains for others like me.
Days ago I read an article that said they broke ethereum hold record, but of course friend is a forced hold, because you cannot pay $ 100 to withdraw $ 20.
What do you think of all this? I want to leave an open debate, give me your opinion and experiences in the comments.
greetings and happy day.
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I think Ethereum will be replaced or supplanted with something like ATOM. The gas fees now are absurd. If it costs this much to transfer money it defeats the purpose of crypto.
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I believe these high fees are a deterrent for many not to move their funds around which makes ethereum unattractive to the masses and developers who want to build. Yes it might be the second-largest crypto in terms of market cap but I certainly do not fancy it.
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$ETH is becoming a big boys crypto
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