Ethereum Handles 2.5M Daily Transactions as Gas Fees Drop to $0.15
Ethereum is in the midst of a record-breaking transaction boom. Theyre processing close to 2.5 million transactions in the last 7 days...
Quick overview
- Ethereum is experiencing a transaction boom, processing nearly 2.5 million transactions in the last week, which is a 100% increase year-over-year.
- Stablecoin transfers account for 35-40% of all Ethereum transactions, contributing significantly to the network's growth.
- Average gas fees have dropped to $0.15, the lowest in Ethereum's history, making transactions more accessible to users.
- Currently, 36 million ETH, or 30% of the circulating supply, is locked in staking contracts, indicating a rise in network participation.
Ethereum is in the midst of a record-breaking transaction boom. Theyre processing close to 2.5 million transactions in the last 7 days – thats nearly double last years rate when you account for the holiday season slowdown that had pretty much put a damper on the network throughout most of 2025 – and shows no signs of slowing.
This jump is being driven by a combination of network upgrades and growing adoption of layer-2 solutions which have not only increased capacity but also managed to reduce congestion to a manageable level. Stablecoin transfers are a big part of the reason for this spike, with Standard Chartered putting the figure at 35-40% of all Ethereum transactions.
- Average transactions over the last 7 days: 2.5 million
- Year-over-year growth: a whoppin 100%
- Stablecoin share of all transactions: 35-40%
The fact that high volume transactions can coexist with low costs is a major win for users looking to get on board with Ethereum. It shows that you dont have to be a whale to be a part of the network.
Gas fees have fallen to multi-year lows
Transaction costs are plummeting with average gas fees now at just $0.15 – the lowest in ETHs modern history. Even routine token swaps cost as little as 4 cents – a far cry from when congestion pushed gas fees to economically prohibitive levels.
On-chain milestone for #Ethereum$ETH processed 2.88M transactions in a single day on Friday — a new all-time high in network activity.
Usage keeps trending up 📈 pic.twitter.com/erxtAdCAre
— Alpha Embassy (@alphaembassy) January 18, 2026
This change is in part due to the technical upgrades made in the last few months, including the Fusaka hard fork back in january which saw the implementation of some key new features. Some of the other recent updates include adjusting blob parameters to give more capacity for layer-2 rollups and bringing down data costs.
- Average gas fee: $0.15
- Token swap fee: $0.04
- Block gas limit has been upped from 45M to 60M since November
With lower fees and higher throughput , ethereum is really flexing its muscles as a scalable, user friendly settlement layer.
Staking and network participation is on the rise
Staking trends are also mirroring this renewed momentum with a whopping 36 million ETH (about 30% of circulating supply) currently locked in staking contracts. Theres been a big surge in the entry queue too – its been at levels not seen since mid last year.
Co-founder Vitalik Buterin is very much on board with this new direction – he reckons were entering an era of enhanced user autonomy where trustlessness and self-sovereignty are the key.
- ETH staked: 36 million (30% of supply)
- Entry queue is now at multi-year highs
- All focus on getting users more autonomy and trustlessness
All this has put Ethereum in a strong position to become a high-capacity, low-cost platform ready for mainstream adoption in 2026.
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