#GasFeeImpact Ethereum's gas fees impact transaction costs, especially during high network congestion. Here’s a quick breakdown:

1. Network Demand: High usage (NFTs, DeFi, token swaps) raises fees.

2. Layer 2 Solutions: Rollups (Arbitrum, Optimism) reduce costs.

3. Ethereum Upgrades: EIP-1559 (burn mechanism) helps stabilize fees, but full relief may come with future Ethereum scaling (Danksharding, Proto-Danksharding).

4. ETH Price Correlation: Higher ETH prices generally lead to higher gas fees in USD terms