The Ethereum team is now focusing on High ..GAS.. fee ..> Blockchain analytics firms simultaneously reported that Ethereum fees were so high, 70% of miner rewards were from transactions alone. Normally, this is closer to 10-20%, especially during bear markets. the “gas price” of Ethereum transactions passed 277 Gwei, then over 350 Gwei later that evening. For context, this means that it cost around $2.50 to send ETH, $5 to send an ERC-20 token, $10 to trade coins on Uniswap, and much more if you wanted to do complex Defi transactions. Eric Conner of ETHHub and Gnosis shared the message below on August 12th in which he outlined scaling solutions. According to Conner, there are five solutions currently in the works that are showing promise: Ethereum 2.0, the all-encompassing blockchain upgrade that will implement sharding and Proof of Stake (staking) Optimistic rollups Plasma Payment channels Sidechains and most of one STOP GAS FEE