The Ethereum gas fee is basically killing the transaction volume on this chain

Ethereum gas fee still remains a major challenge despite the team recently announcing a drop in this fee. The recent Bored Ape NFTs minting has shown that Ethereum still has a big challenge with gas cost. During the Bored Ape NFTs sale, the Ethereum gas fee skyrocketed to $3,300, which made a lot of investors miss out on this sale.

The Ethereum gas fee is basically killing the transaction volume on this chain. In fact, projects running on the Ethereum network are the most affected. It makes no sense to transfer $25 worth of assets and pay $3,300 for gas. That's how the Ethereum gas fee is killing transactions volume.

But there are better options that users and project developers like Bored Ape can consider, where the gas fee is never an issue. The Bitgert (BRISE) network is currently one of the best blockchains protocols in the industry.

Bitgert blockchain is not only the fastest in the industry but has the lowest gas fee. In fact, transacting on the Bitgert BRC20 blockchain is actually costing a zero figure. In addition to that, the Bitgert blockchain is compatible with Ethereum, which makes it possible for the Ethereum projects to migrate. Read more below:

Bitgert

Bitgert (BRISE) has been called the next Ethereum because of the massive potential the project has. But it is the powerful Bitgert blockchain, which is better than the Ethereum chain, that is making Bitgert stand out. First, the Bitgert chain is compatible with the Ethereum Vault Machine (EVM). The Bitgert team has also built a bridge to increase its blockchain interoperability with other networks. That's how powerful Bitgert BRC20 is.

The Bitgert blockchain gas fee is $0.0000000000001 for every transaction, which is thousands of times cheaper than Ethereum. The Bitgert chain speed is 100,000 transactions per second. Therefore, the Bitgert chain cannot be easily overwhelmed by huge traffic like Ethereum.

For the projects posting reducing transactions due to Ethereum's expensive gas, they can migrate to the Bitgert network using the bridge and enjoy the zero gas fee. The Bitgert chain will skyrocket their transaction volumes. Therefore, Bitgert will automatically trigger their price growth.

Ethereum

Though Ethereum has a high gas fee, this is one of the most powerful blockchain projects in the market. But it might be overtaken by Bitgert soon because of the powerful Bitgert BRC20 blockchain. However, the Ethereum blockchain is undergoing a protocol upgrade to scale the chain better and lower the gas fee.

The Bottom line is that the Ethereum gas fee is killing the transactions volume. However, Bitgert has the best solution for the Ethereum expensive gas fee. Ethereum users can easily migrate to the Bitgert chain for the lowest gas fee.

Disclaimer: The information provided in this article is solely the author's opinion and not investment advice – it is provided for educational purposes only. By using this, you agree that the information does not constitute any investment or financial instructions. Do conduct your own research and reach out to financial advisors before making any investment decisions.