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Hey guys,
I hate market pumps because of this reason:
High gwei has made Ethereum and its L2s unusable with high transaction fees. It looks like 40 gwei is the new norm, even on weekends.
So we can expect to pay almost $1 per transaction on Arbitrum, or even Blast.
Hopefully, the Dencun upgrade will improve this, but it may be better to venture networks outside of the Ethereum ecosystem.
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In @fipcrypto's recent blog, concerns are raised about high gwei making Ethereum and L2s such as Arbitrum and Blast pricey to use. Looking forward to potential improvements from the Dencun upgrade, while also considering alternatives outside the Ethereum ecosystem.