Ethereum Transactions Hit All-Time High as Gas Fees Fall to $0.15 Record Low Level

• Ethereum 7-day transaction average approaches 2.5 million, marking an all-time record.
• Average gas fees drop to $0.15 with some swaps executed for as low as $0.04.
• Stablecoin transfers comprise 35-40% of network activity while ETH staking hits 36M.

Ethereum’s transaction volume has reached all-time highs while gas fees have declined to the lowest levels in network history. The seven-day moving average of transactions is approaching 2.5 million, nearly double the volume recorded one year ago. This surge in activity began in mid-December, reversing a gradual decline that persisted through mid-2025.

Average gas fees have fallen to approximately $0.15 per transaction according to network data, with Etherscan recording estimated swap costs as low as $0.04. The combination of peak transaction activity alongside historically low costs shows a shift for Ethereum. ETH had p…

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