#GasFeeImpact Gas fees play a crucial role in blockchain ecosystems, affecting transaction speeds and costs. Ethereum, for example, experiences high gas fees during network congestion, making it expensive for users. Layer 2 solutions like Optimism and Arbitrum aim to reduce these costs. Similarly, Solana and Avalanche offer lower fees, attracting users seeking cost-efficient transactions. High gas fees often lead to reduced on-chain activity, while lower fees encourage more transactions and DeFi interactions. Keeping track of gas fees helps traders optimize transaction timings. Have you ever been affected by high gas fees? How do you manage them?