#GasFeeImpact #GasFeeImpact refers to the impact of transaction fees (gas fees) in blockchain networks, especially Ethereum and other smart contract platforms. High gas fees can reduce the attractiveness of DeFi, NFTs, and crypto trading, making it difficult for retail users.

When the network is overloaded, gas fees spike, affecting the profits of traders and investors. Conversely, low gas fees help promote transactions and expand blockchain applications. Many solutions such as Layer 2 (Optimism, Arbitrum) and low-cost blockchains (Solana, BSC) are mitigating the negative impact of gas fees on the crypto ecosystem.