Ethereum Activity Soars as Transaction Fees Plunge

Ethereum Activity Reaches New Heights

Ethereum's on-chain activity has reached record levels this year, coinciding with a significant decrease in transaction fees. According to Token Terminal data, the revenue generated by Ethereum—primarily through transaction fees—has fallen by 99% since March, marking one of the lowest points in the blockchain’s history. This decline in fees has made Ethereum more accessible for users, leading to increased activity.