The effects of high fees ripple out to the broader market, impacting the price of Ethereum itself. While high fees can indicate a healthy demand for block space, they can also lead to a decrease in network activity as users and developers seek more cost-effective alternatives. This can create a negative feedback loop, where reduced activity leads to lower network value and could potentially impact the price of ETH negatively. Sign up to be the first to get it and stay up to date with the latest news, resources and updates. The Ethereum Gas Estimator is designed to help you crypto gas tracker make informed decisions when executing on-chain transactions. By offering real-time, accurate data, this tool gives you the edge in a constantly changing fee market. Before you go ahead with any transaction, it's smart to keep an eye on the live gas price.