Ethereum mining rewards hit an all-time high !

[Rosarvx 965]

the fees to withdraw Ethereum or tokens in the Ethereum network, many trade users they will choose other coin to trad

[BrolySSJ 7899]

Wow these are some very high transactions fees that are being noted with Ethereum. High prices are generally associated with high transaction fees, so it is likely that this can be an indication of great prices coming up. However, the high transaction fees can also deter people away from the coin and force them to not use it and opt for something with easier and better transactions. Therefore there is quite a double edged sword here. 

 

I do believe that eth 2.0 is supposed to address the issue of high transaction fees though, and it has been released so only time will tell how this has bettered the Ethereum network. 

[Cryptomint 433]

Ethereum has also a big journey like the Bitcoin and I think that it will role play like the Bitcoin in cryptocurrencies world.. and help us a lot.

[P A Ashif 2409]

Actually ethereum update will certainly lift the price of ethereum in the market. But I don't like the huge fee this crypto charges. The best is litecoin which charge very less fees. I guess ethereum 2.0 is going to charge more fee. Also the delay that we are facing is a major concern. At last what we can do is adjust. 

[Farukatie 1271]

Yes this is very worth is I'm and it bad think that is taken by ethereum coin but I hear from many people and predictors that ethereum is a very good coin and in in upcoming days it will become more and more popular like as Bitcoin.

[mzk7736 1592]

Gas fees of the Ethereum is more when more numbers of transactions are pending in its blockchain. But the news about high mining rewards can adversely affect its price.

[Samotokika 1780]

On 7/31/2020 at 6:48 PM, Whited35 said:

It is worrying news for crypto-traders that we have to pay more gas fees to move ETH or ERC-20 tokens in the Ethereum blockchain network now.My  recent transactions with fee $1.5 worth of ETH is still pending since 3 hours. There is a delay to launch Ethereum 2.0 which is expected to process thousands of transactions in a second. Launching date for Ethereum 2.0 is still uncertain but until then, we have no option except to look at this chaos😒. A report published by a blockchain analysis company  Glassnode suggests, PoW miners are making record-breaking earnings from network fees. Have a look at the following chart. 

 

 

I believe DeFi activities propelled the Ethereum network to be more costly. By analyzing this scenario, what can be possible outcomes? Are we close to a record high price surge in ETH? 

Yes dude may be at that time erthurerum  is not much good coin considered but nowadays itis making its pace and it is competing very much High in cryptocurrency world and you know it is second highest currency and hope that it will go more