Ethereum fees fall from their recent highs alongside a massive decline in DeFi transaction volumes. Those using the Ethereum network might wish for more drop-in gas fees as DeFi transactions have decreased tremendously. A significant reason behind the high rates could be the increased activity in the Non-Fungible Token (NFT) sector. As more and more NFT projects launch and hold auctions, high transaction costs and network congestion are likely to continue on the Ethereum network until a widely integrated scaling solution is implemented.