{"id":90471,"date":"2025-10-30T15:36:21","date_gmt":"2025-10-30T13:36:21","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=90471"},"modified":"2025-10-30T14:41:03","modified_gmt":"2025-10-30T12:41:03","slug":"ethereum-activity-surges-amid-record-low-gas-fees","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/ethereum-activity-surges-amid-record-low-gas-fees\/","title":{"rendered":"Ethereum Activity Surges Amid Record Low Gas Fees"},"content":{"rendered":"<p>Despite an increase in on-chain activity, Ethereum network fees remain near historical lows. On October 26, the cost of a transaction was 0.16 gwei (approximately $0.01).<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-e2fa23241bd109c7-8220126362180086.webp\" alt=\"Screenshot 2025-10-30 142524\" class=\"wp-image-268571\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/etherscan.io\/gastracker#chart_gasprice\">Etherscan<\/a>.<\/figcaption><\/figure>\n<p>At the time of writing, the figure had adjusted to 0.36 gwei (around $0.02).<\/p>\n<p>Token swaps cost $0.33, while selling an <a href=\"https:\/\/forklog.com\/en\/news\/what-are-nfts\">NFT<\/a> costs $0.56.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-90746aed00e0b1fd-8220152885552492.webp\" alt=\"Screenshot 2025-10-30 142735\" class=\"wp-image-268572\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/milkroad.com\/ethereum\/gas\/\">Milkroad<\/a>.<\/figcaption><\/figure>\n<p>The chart below shows that the average transaction fee is near multi-year lows.<\/p>\n<p><iframe loading=\"lazy\" width=\"100%\" height=\"420\" frameborder=\"0\" src=\"https:\/\/www.theblock.co\/data\/on-chain-metrics\/ethereum\/average-transaction-fee-on-ethereum\/embed\" title=\"Average Transaction Fee on Ethereum (7DMA)\"><\/iframe><\/p>\n<p>Such low values contrast with periods of heightened on-chain activity, when increased transaction demand caused gas price spikes.<\/p>\n<p>However, Ethereum network inflation persists, albeit at a low level. According to Ultra Sound Money, over the past seven days, the volume of tokens burned was lower than the issuance of new coins.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"250\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-099c74fb30a820da-8220195115177220-1024x250.png\" alt=\"ETH_inflation\" class=\"wp-image-268573\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-099c74fb30a820da-8220195115177220-1024x250.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-099c74fb30a820da-8220195115177220-300x73.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-099c74fb30a820da-8220195115177220-768x187.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-099c74fb30a820da-8220195115177220.png 1383w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/ultrasound.money\/\">Ultra Sound Money<\/a>.<\/figcaption><\/figure>\n<p>On October 28, the number of daily transactions in the network reached 1.6 million, a monthly high.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-497eb43dd4fe23f4-8220218972604659.webp\" alt=\"Screenshot 2025-10-30 143738\" class=\"wp-image-268574\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/app.nansen.ai\/macro\/blockchains?chain=ethereum\">Nansen<\/a>.<\/figcaption><\/figure>\n<p>Notably, the surge in on-chain activity occurs amid a decline in other metrics. For instance, since May, the number of active addresses has been steadily falling.<\/p>\n<p><iframe loading=\"lazy\" width=\"100%\" height=\"420\" frameborder=\"0\" src=\"https:\/\/www.theblock.co\/data\/on-chain-metrics\/ethereum\/number-of-active-addresses-on-the-ethereum-network-7dma\/embed\" title=\"Number of Active Addresses on the Ethereum Network (7DMA)\"><\/iframe><\/p>\n<p>The volume of on-chain value transferred is also decreasing.<\/p>\n<p><iframe loading=\"lazy\" width=\"100%\" height=\"420\" frameborder=\"0\" src=\"https:\/\/www.theblock.co\/data\/on-chain-metrics\/ethereum\/ethereums-adjusted-on-chain-volume-monthly\/embed\" title=\"Ethereum's On-Chain Volume (Monthly)\"><\/iframe><\/p>\n<h2 class=\"wp-block-heading\">TRON Sets New Records<\/h2>\n<p>The <a href=\"https:\/\/forklog.com\/en\/news\/what-is-tron-trx\">TRON<\/a> network also demonstrated record activity. Analysts attribute the growth to the blockchain&#8217;s popularity among retail users due to its high speed and low fees.<\/p>\n<p>According to TRONSCAN, on October 28, the number of active addresses in the network reached 5.7 million in a day, surpassing the previous record of 5.4 million.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-7386b3379d30e9c5-8220277753786327.webp\" alt=\"Screenshot 2025-10-30 144140\" class=\"wp-image-268575\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/tronscan.org\/#\/\">TRONSCAN<\/a>.<\/figcaption><\/figure>\n<p>The number of transactions exceeded 12.6 million, the highest since June 12, 2023.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-06a6068626306e92-8220303325155561.webp\" alt=\"Screenshot 2025-10-30 144302\" class=\"wp-image-268576\"\/><figcaption class=\"wp-element-caption\">Source: TRONSCAN.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;No headlines. No hype. Just raw throughput,&#8221; commented Nansen.<\/em><\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">.<a href=\"https:\/\/twitter.com\/trondao?ref_src=twsrc%5Etfw\">@trondao<\/a> just clocked 12.6M transactions in a day.<\/p>\n<p>No headlines. No hype. Just raw throughput.<\/p>\n<p>That\u2019s top-tier activity with zero fanfare. <a href=\"https:\/\/t.co\/J0rqFZN8Vu\">pic.twitter.com\/J0rqFZN8Vu<\/a><\/p>\n<p>\u2014 Nansen \ud83e\udded (@nansen_ai) <a href=\"https:\/\/twitter.com\/nansen_ai\/status\/1983488009229246579?ref_src=twsrc%5Etfw\">October 29, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>On August 29, <a href=\"https:\/\/forklog.com\/en\/news\/justin-sun-announces-60-reduction-in-tron-network-fees\">a vote concluded<\/a> on a proposal to reduce TRON fees by 60%. The majority of the community supported the initiative.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Despite increased on-chain activity, Ethereum fees remain near historical lows. On October 26, transaction costs were 0.16 gwei.<\/p>\n","protected":false},"author":1,"featured_media":90472,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Ethereum fees remain low despite increased activity; transaction costs at 0.16 gwei.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1178,46,1268,951],"class_list":["post-90471","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-blockchain-fees","tag-ethereum","tag-on-chain-analysis","tag-tron"],"aioseo_notices":[],"amp_enabled":true,"views":"285","promo_type":"1","layout_type":"1","short_excerpt":"Ethereum fees remain low despite increased activity; transaction costs at 0.16 gwei.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90471","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=90471"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90471\/revisions"}],"predecessor-version":[{"id":90473,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90471\/revisions\/90473"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/90472"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=90471"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=90471"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=90471"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}