The Cardano network is currently at full load, reducing fees would worsen the current state, the network would be even more clogged. That applies for the min UTxO as for the fee rate, which at this current stage is fixed. IOG has been increasing the blocksize which overburdens validator node operators. SPO are service providers, they earn, they might keep up with the raising demands of hardware, but validators nodes don’t have that opportunity. If you run Daedalus you suffer from the increased bloat on the network.
I know I sound like a capitalistic pig favoring the rich whales, but what we need is even higher fees. Even better and I can’t really understand why it has not yet been implemented: “a marketplace for fees” like every other decent blockchain has. You must pay for the blockspace and the urgency you have for the tx to be confirmed. A marketplace is the correct dynamic, that is the true spirit of decentralization. Fixed fees given by IOG is centralization and that is bad for the network.
In general the least amount of things must be on the layer 1. That is the root of trust for trading peers that can’t trust eachother. Everything else must happen on higher layers, where less participants are involved, sometimes they even trust each other. On higher layers you can have cheaper fees.
“But Hydra is not ready”, yes I know, but dropping fees makes it worse.