The upgrade with the Ethereum coin has been completed successfully and this was one of the biggest upgrades in the crypto world so far. The transition from the proof of work to proof of his stake is good and this way the blockchain is going to contribute towards energy saving and is very good for the planet. This is going to affect the mining industry whereas some people who take a good number of coins will also be able to get benefited. These holders are called whales in crypto wheels and are always the ones who earn use as compared to the retail investors. The hard folk and upgrades or not new thing in crypto but as far as I am aware then this update with Harry and is the biggest one, I have ever come across.

What are we expecting after this transition, and can we expect the price appreciation after this? I believe many of us must be expecting that the price for the Ethereum coin is going to skyrocket but sadly it did not happen and even there is a dip in the price. This could be because a lot of people must be coming out of Ethereum, but I believe this is temporary because this blockchain is highly popular. We also need to consider that this is a leading altcoin that is ranked on 2nd place as per the market cap. 

![image.png](https://images.hive.blog/DQmV8PiFPt3F9k5QyzDJFBR1s18d7nEuSByb3eJoqf9HBnJ/image.png)

[source](https://images.app.goo.gl/MgqF8RcWSw4P4836A)

It's not easy for any coin to be listed on the second rank based on the market Cam and This is why I believe it will remain same. Crypto market is volatile and prices fluctuation is also seems quite a few times. I expect that in long run Ethereum is going to make the price mark off 10,000 U.S. dollars but we do not know how much time it is going to take. The gas fee is another thing that needs to be addressed and I believe that team will work towards it so that it can be easy for everyone to transact without worrying about the transaction costs. I'm not sure if it is possible with Ethereum or not but if the transaction cost is made similar to the Binance smart chain or Polygon then it is definitely going to change the scenario. 

I had transacted with Ethereum few months back and the cost was not normal I would say because I had to pay around $10 and for me this amount is really high. I believe that transaction costs should be in a range that does not bother us anymore and in any case, it should not be more 1 USD. I like the fact that we do not have any transaction fees on the hive network, and This is why this is the best network I have ever seen. 

![image.png](https://images.hive.blog/DQmf8dGVvRXDMG6dEccBVBXwoV1i9izejGenUGDpHhuYB25/image.png)

[source](https://ethereum.org/en/upgrades/merge/)

I also know that Ethereum will never be transaction free, but this should definitely need to be in a reasonable range so that users can transact with Peace of Mind. I'm sure that the Ethereum founder is aware about the issue related to the transaction cost and he must be having something in place to bring it. I expect that they will have many things in the road map to make Ethereum a better chain, but all the transaction fees must be addressed as early as possible to provide cost-effective solutions to the project and the users on the theory and blockchain.

**Thanks a lot.**

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