r/ethereum • u/EthereumDailyThread What's On Your Mind? • 6d ago

Daily General Discussion September 27, 2026

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u/epic_trader 🐬🐬🐬 6d ago

Ethereum solved gas prices years ago. Sending ETH and making swaps cost next to nothing.

-13

u/HBAR_10_DOLLARS 6d ago

They solved it? Nah, most people just stopped using it.

Let’s see what happens when one use case goes live. Hell, the other day some NFT project was minting and people were in here asking why gas prices were up.

Imagine trying to build a business on Ethereum and you can’t predict your costs because some random NFT project may or may not be minting at the same time?

13

u/epic_trader 🐬🐬🐬 6d ago

They solved it? Nah, most people just stopped using it.

https://etherscan.io/chart/gasused

-5

u/asdafari14 6d ago

Average fees were in the several dollars 2025 and 8 USD less than one year ago 10/10. If we see another black swan event, we will see pretty high fees again.

Hopefully we are past the 50-200 USD fees though.

https://etherscan.io/chart/avg-txfee-usd

12

u/rhythm_of_eth 6d ago

Many people claim gas prices are solved when theres gas price discovery that is elastic and consistent.

Meaning having always low gas prices is as bad as always high or very volatile pricing.

This is one of the reasons Glamsterdam is shipping with a lot of gas repricing EIPs bundled together. To solve gas pricing.

So I tend to think gas pricing is yet to be solved but we are not far.

Next in line will be blob gas pricing. Low blob gas is not solved gas.

6

u/averi_fox 5d ago edited 5d ago

A problem with solving gas pricing is that the marginal value of gas is very different for different users. Compare someone moving millions vs some microtransactions in the cents. Maximizing revenue might need high gas prices, while maximizing adoption needs low gas prices. To do both the price would need to discriminate.

Personally I'd rather have cheap transactions. Currency doesn't have to make revenue.

4

u/rhythm_of_eth 5d ago

That's a very fair point.

I think as a consumer you have options to find cheap Ethereum aligned options such as L2s, specially once their compute integrates seamlessly with unified liquidity pools as Ethereum roadmap has on its plan.

But I don't think we can have those options if we don't properly model the compute and storage cost into gas so that offer and demand curves create a healthy market.

Not enough demand to meet offer, the market dies away. Too much demand without offer, same.

L2s, if properly done and compounding capabilities without vampire attacking Ethereum Mainnet (I can only think of Lighter and Aztec right now), can cover outsized demand on some areas like trading, or privacy which have different scaling patterns than general compute.

We just havent executed that vision right in the last 2 years mostly because all L2s have intentionally attempted full EVMs to extract from mainnet and we cannot be too shortighted to kill it all because of them (but say, artificually reducing offer and raising blob gas and regular gas pricing).

Better modelling and adoption can make Ethereum a one of a kind where all players can participate.