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Why Do Gas Fees Fluctuate?

Gas fees fluctuate primarily due to network congestion and the supply and demand for block space. When more users try to transact simultaneously, the demand for limited block space increases, driving up the price.

Network upgrades or changes to the underlying protocol's fee mechanism can also influence these costs. The base fee is adjusted dynamically based on how full the previous block was.

How Does Network Congestion Affect Gas Fees for Smart Contract Execution?
What Is the Difference between a Call Option and a Put Option?
How Does Network Congestion Affect Transaction Processing Time?
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