The term #GasFeeImpact refers to the impact of gas fees on transactions in blockchain networks, especially in Ethereum. Gas fees are the costs required to execute operations on the network, such as transfers and smart contracts.

Key impacts:

1. Rising costs: When demand is high, fees increase significantly, making some transactions economically unfeasible.

2. Slower transactions: Users may have to pay higher fees to ensure their transactions are executed quickly.

3. Driving innovation: This issue has spurred the development of solutions such as Layer 2 networks and Ethereum 2.0 to reduce fees and increase efficiency.

4. User migration: Some users are turning to other networks with lower fees such as Solana and Binance Smart Chain.

The solution lies in developing technology and improving network efficiency to make gas fees more sustainable.