The post Ethereum Transaction Volume Hits New High Amidst Low Gas Fees appeared on BitcoinEthereumNews.com.

Key Points: Ethereum achieves record transaction volumes, affecting ETH price and market sentiment. Seven-day average volume surpasses previous peaks, doubling last year’s figures. Gas fees plummet to historic lows, enhancing network affordability. Ethereum has reached an unprecedented daily transaction volume of 2.88 million as average gas fees dropped to record lows, according to Etherscan data. This surge highlights Ethereum’s growing scalability and efficiency, positioning it favorably in post-Merge progression, while reflecting enhanced user engagement and transaction cost-effectiveness. Ethereum Hits 2.88 Million Daily Transactions Record Ethereum’s network saw a substantial increase in transaction activity, achieving a seven-day moving average of nearly 2.5 million transactions, according to TheBlock’s data. This surge coincides with a notable decline in gas fees, which reached an all-time low of approximately $0.15. This reduction in transaction costs is significant for the Ethereum community. The increased activity on the Ethereum network is expected to facilitate more transactions and potentially boost the ecosystem’s overall health. Lower gas fees make Ethereum’s primary use cases, such as DeFi and NFTs, more accessible. This trend may encourage more users to engage with Ethereum and related applications. “The efficiency and reduced costs make now an ideal time to delve into Ethereum’s vast possibilities,” said an industry analyst. Despite the record transaction volumes, there have been no official comments from Ethereum’s leadership, including Vitalik Buterin or key developers. The community remains watchful for statements from influential figures in the industry. The absence of commentary has not dampened the positive sentiment driven by these network advancements. Low Gas Fees Spur Ethereum Network Growth Did you know? Ethereum’s transaction volume reached a record 2.88 million daily transactions, a significant milestone comparable to post-Merge spikes that energized the network in 2022. CoinMarketCap reported Ethereum (ETH) trading at $3,205.37, demonstrating recent price fluctuations, with a 7-day change of…

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Filed under: News - @ January 19, 2026 2:13 am