Reminder: high gas fees are a symptom of Ethereum’s unrivalled demand. The network currently settles $25bn a day in ETH and stablecoins alone, not including any erc-20 tokens or NFTs, >3x more value than Bitcoin. This symptom is cured by rollups and sharding.

It’s extremely bullish how much demand there is to use the Ethereum network. The associated gas fees are an entirely fixable symptom of that demand.
Source of $25bn: https://money-movers.info/
submitted by /u/-lightfoot
[link] [comments]