@eerrrrrrrr
Gas fee trends reveal blockchain congestion and demand. On Ethereum, persistent high fees often indicate heavy DeFi or NFT activity, while sharp spikes can be triggered by sudden meme coin launches. On Bitcoin, fee surges during Ordinals or BRC-20 minting periods can signal speculative demand. Elevated fees can price out smaller users, impacting adoption in the short term but boosting miner revenue. Monitoring fee patterns helps identify speculative bubbles and periods where network upgrades, such as EIP-4844 for ETH, may significantly impact user activity and transaction costs.
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