How Does the Block Time of a Blockchain Affect the Speed of Fee Market Clearing?

Block time is the average time it takes to create a new block. A shorter block time means transactions are processed more frequently.

This allows the mempool to be cleared more quickly during periods of congestion, preventing fees from spiking and staying high for extended periods. Conversely, a longer block time can lead to a more sluggish response to demand spikes, resulting in sustained high fees.