Increase in ethereum gas fee

With the rapid increase in ethereum gas fee, what do you all think will happen to other altcoin?

7 Likes

Migration to TRON platform has been noticeable recently for most of the altcoins under erc20. Ethereum shouĺd find a way to lower its high gas fee.

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There are no two ways about that, some erc 20 tokens will switch to tron

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I like bep2 so much. Fee so so so low

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This high fees got profitable on the miners/validators. This is not good for a payment options or sending funds vice versa. you will lost your funds through this high fees

1 Like

It will be beneficial to both trx and ada and some other altcoins because some of erc20 token is migrating especially the DApps. On the other hand, it also beneficial to other altcoins as they are the one use to exit or withdraw to fiat as eth and btc are high in fees.

4 Likes

If this goes on…i think ether will be dead soon…many tokens will migrate to other blockchain…

2 Likes