ETH Gas Fees

• Gas fees have steadily risen all year and thats from a number of factors and is not the worst thing in the world as far as looking towards the future.

• High amounts of transactions backing up on the network leads to congestion and then a rise in gas fees. That is a good thing for crypto as a whole because that means more and more people are starting to use crypto products. The negative of this is that it really puts people who are not financially well off in a bad spot as there are days where it costs over $100 to complete a transaction.

• This is a glaring barrier to entry for most regular people as it is new and not easy to understand but on top of that expensive. More and more projects are popping up and receiving a lot of funding to compete with ETH such as Cardano and Polkadot.

• Financial inclusivity and independance is what brings people to crypto but is currently contradicted by egregiously high fees.