#GasFeeImpact Traders view prices as low or unattractive.
When fees are high, it is often associated with increased demand and trading activity, which pushes prices higher.
Conversely, very low fees, such as the current levels, may attract users again, bringing life back to the Ethereum network.
Another positive indicator is the decline in the supply of Ethereum available on exchanges, with the tradable percentage falling to just 6.38% of the total supply, the lowest