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I was just wondering will happen once ETH goes up to $3000USD. I believe a lot of smaller stakeholders will be held hostage until the fee goes down. By the time it does, the price won't be even close to its ATH and I doubt ETH will manage to migrate on PoS completely.
It's the chain for the rich.
RE: Bitcoin Hit ATH! | How is this affecting the activity on the blockchain? | February 2021