The post Trouble may be on the horizon as Bitcoin mempool runs close to historical lows appeared on BitcoinEthereumNews.com.

The Bitcoin blockchain is showing signs of declining user activity, despite the coin trading close to all-time highs. Bitcoin is changing hands slightly under $109,000, 2.7% less than its all-time high value, on an uptick of 7% from its 14-day lows, per Coingecko data. On Saturday, only around 5,000 transactions were waiting in the Bitcoin mempool, the virtual queue where unconfirmed transactions are held before being added to the blockchain by miners.  At press time, the number had risen to 15,000, still a fraction of the 150,000 seen in late 2024 when BTC first crossed the $100,000 mark, according to Blockchain.com. Market fears low activity could become a permanent issue   Last Saturday, podcaster and Bitcoin advocate Joel Valanzuela shared his sentiment on X that the drop in transactions signals a profound issue with actual network utility. “Simply put, almost all of Bitcoin’s actual users have gone away. At all-time price highs, too,” Valanzuela wrote. “We’re facing a major crisis. Either the Bitcoin network goes bankrupt, undergoes major changes, or the asset becomes a completely custodial asset run by governments and institutions.” Since March, mempool transaction counts have fluctuated between 3,000 and 30,000. Like Valanzuela, the community is concerned because the low figures are persistent, even though the asset has been trading above six figures in value for several months.  Bitcoin’s mempool (queue of transactions waiting to be processed) is almost completely empty. The percentage of miner revenue coming from fees (instead of inflation) is down to a fraction of a percent. 😱 Simply put, almost all of Bitcoin’s actual users have gone away. At… pic.twitter.com/Kbk3j1e8c1 — Joel Valenzuela (@TheDesertLynx) July 5, 2025 Joao Wedson, CEO of crypto analytics platform Alphractal, believes the low mempool numbers are due to a lack of retail participation. “When mempool transactions begin to rise again,…

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Filed under: News - @ July 7, 2025 11:25 am