Why is ETH network fee so high?

The ETH network fee is high due to several factors. Firstly, the increasing demand for ETH transactions, especially with the rise of DeFi projects and stablecoin usage, has led to higher fees. Secondly, the limited scalability of the Ethereum network causes congestion, driving up the fees as users compete for faster transaction processing. Finally, the dynamic pricing mechanism of Gas, which is based on demand, also contributes to the high fees during peak times on the network.