#GasFeeImpact

Gas fees play a vital role in blockchain transactions. High fees can discourage smaller investors, while low fees can increase network usage. Ethereum, for instance, has seen fluctuating gas fees due to network congestion and scalability solutions. Keeping track of gas fees helps users plan transactions efficiently, reducing costs while maximizing profits. As new Layer 2 solutions and upgrades like Ethereum’s scaling improvements emerge, we might see a long-term reduction in gas fees.