If you want to know the cause, you can read about Runes.

They are tokens similar to BRC20 or so. Their transactions are making the network congested. Also Ordinals are part of the reason that we should not neglect.

Op the cause  is congestion in the recent halving block. A lot of persons tried as much as possible just to make sure that their transaction is added and confirmed In block #840,000 which is the most recent halving block. Therefore there was a great deal of competition for block space on the network causing fees to rise. However unfortunately a couple of users still paid those fees.
Currently the fees are still very high but according to most speculations it would probably return to normal within a couple of weeks or even less. If you observe closely you will even notice that fees are actually gradually going back to normal.

I would like to your title maybe it can be possible the fees may gone more high in the next days of future because it's the simple thought like the user are increasing as well the project whos are based on Bitcoin work and if we think from one side, these projects will be one of the biggest reasons for the spam tx on bitcoin network and it is becoming congested and as a result of which we are currently seeing the transaction fee of bitcoin so high. So yes it's possible to increase the fees day by day but I also think it will also not sustain all the time in network.
And I will also say the that yes it is possible to whale make some impact on network intentionally but he will also can't take it for long-last may be for the short period.

Read this

Unedited  directly  from https://www.coindesk.com/markets/2024/04/20/runes-protocol-launches-on-bitcoin-sending-fees-soaring-as-users-rush-to-mint-tokens/

Probably  you're wondering why the spike there is your answer although the the halving is over and I don't think there's  anyone trying  to squeeze it's transactions  into the block anylonger

Then spammers  on the other hand try to make things spike .
And this is part too
Yeah this could be some couple of dust transactions which will set a very high priority of fee and this could be more advantage to miners... so miners could be at this too

Looks like Runes and Ordinals are now the reason for the high fees. We must be prepared for the fact that fees will only increase in the future.

I just read indeed Bitcoin transactions after halving to 2,750 satoshis per virtual byte (sat/vB) or more than $240 per transfer on Friday, April 19, 2024. Of course, the Meme, Ordinal, Rune networks located on the Blockchain provide high benefits. You need to remember that Ordi is widely traded, the fees increase tremendously. Many even propose to remove tokenized tokens that ride on the Blockchain network. Although it has now gone down, this position is still quite expensive. Even after Ordinal was quiet I could still enjoy an 11sat/vB fee to send 0.1BTC.  I think there will be a time when fees will return to normal, you just need to seize the moment when transactions are not so congested.


The Lightning network has not been effective enough to facilitate large transactions. So I think it can't be the best solution yet.

Source:
1. https://news.bitcoin.com/after-halving-event-bitcoin-transaction-fees-soar-to-over-240/
2. https://www.coindesk.com/markets/2024/04/22/bitcoin-transaction-fees-come-crashing-down-post-halving/
3. https://news.bitcoin.com/bitcoin-halving-runes-proliferation-results-in-historic-fee-increases-crypto-community-reacts/

I would like to add to what has been said here that the high Bitcoin transaction fees can be caused by congestion and the large number of tokens with their respective names being minted which can be seen here -> https://ordiscan.com/runes
If I consider the high Bitcoin transaction fees to be Bitcoin's weak point, I will not agree directly because transaction fees do not occur all the time except in situations like the current one.
You have to be sure that transaction fees will return to normal and won't be like this forever which can disrupt many services and businesses.

Quite hard to state the obvious reasons for the current bitcoin fee situation and the network congestion, but know that, this could be as a result of combination of factors before this current network congestion, and if you have being current with crisis in the bitcoin network, you will know that this is not the first time we are seeing such situations, but one thing is for sure, which is that on the long run, the network is going to settle down since the spammers won't continue to spam the network with junk transactions all in the aim to conggest the bitcoin network.

Not really, no. I mean there might be a chance that they are contributing to the congestion of the network but I don’t think they are the main cause because they have existed way before and they really did not have huge impact on the transaction fees.


Well I saw some people trying to make transactions just because of the halving. Even saw someone pay huge amount of money just to be part of the block.

Right before the inculcation of bitcoin ordinals inscribed on the blocks, there have been increasing cost of transaction fee as long as the mempool keeps getting clogged, this is not more about the NFTs or BRC20 tokens, if there were all there and the network isn't congested, there might be no increasing transaction fee.


Nothing like this exist, whales cannot manipulate to the extent that it always favour them, they also loose while others are moving bitcoin from one asset to another, this is never a weak point, instead, you need to understand what is being meant by a volatile cryptocurrency and how its demands and supply determines the rate for the market price or value.