Ethereum Transactions Soar as Fees Plummet

Ethereum has achieved a new milestone, reaching an all-time high of 18.7 million weekly transactions while maintaining a median transaction fee as low as $0.008.

This surge in activity is driven by network upgrades in 2025 that improved scalability and reduced costs, alongside increased stablecoin use and staking.

Despite this boom, the price of ETH remains below $2,400, as much of the activity occurs on layer-2 solutions and stablecoins, which do not significantly increase demand or fee revenue for ETH.