As gas fees on the Ethereum smart contract platform soar, popular crypto influencer Lark Davis is calling on Ethereum co-founder Vitalik Buterin to finally roll out Ethereum 2.0.
In a new video, Davis tells his 218,000 subscribers that while he is bullish on Ethereum (ETH), the transaction fees on the smart contract platform have become “insane,” causing a mass migration of traders onto alternative decentralized finance (DeFi) platforms like Binance Smart Chain (BSC).
Davis calls upon Ethereum frontman Buterin to rectify the issue with the long-awaited launch of the team’s scaling solution, Ethereum 2.0.
“You do have to keep it real right now. The fees for Ethereum are crazy, crazy high which obviously doesn’t matter for the big money guys who are gobbling up Ethereum and waiting for it to go up to five digits. they’re looking at the investment thesis here. But we’re now at the point where ETH 1.0 – oh we need ETH 2.0 so