#GasFeeImpact #GasFeeImpact refers to the influence of blockchain transaction fees on network activity, user behavior, and market dynamics. High gas fees, often seen on Ethereum during congestion, discourage small transactions and drive users to Layer 2 solutions or alternative blockchains like Solana and Polygon. Rising fees increase costs for DeFi trades, NFT minting, and token transfers, affecting adoption and profitability. Conversely, low fees encourage higher transaction volumes and greater network participation. Whale activity, network upgrades (e.g., Ethereum’s EIP-1559), and demand surges directly impact gas costs. Traders monitor gas fees to optimize transactions, reduce costs, and manage on-chain activity efficiently.