Ethereum L1 Hits 1.91M Daily Transactions with Avg Fee $0.16

Published at 2025-12-24 15:15:08

Etherscan announced on social media that the Ethereum network processed 1.91 million Layer 1 transactions in one day, marking a 2025 record for daily L1 activity. The explorer noted the average transaction fee remained about $0.16, highlighting that high throughput did not translate into the fee spikes often seen during congestion.

The milestone matters because it shows sustained on-chain demand while keeping costs low enough to support DeFi, NFTs and routine payments. Affordable fees can widen access and ease pressure on Layer 2 solutions, though L2s still play a role for specialized scaling. Network operators and builders will watch whether this trend persists and how it affects capacity planning and user growth into 2026.

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Miami-based Defiance ETFs announced Thursday it will close its Ethereum ETF after just four months on the market. The abrupt decision underscores mounting pressure in the competitive spot-ETH ETF landscape.

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Published at 2026-01-17 18:15:09

Sei Targets Mid-2026 to Complete Transition to EVM-Only Chain

Sei Network has announced a mid-2026 target to finish its shift to a fully EVM-only chain, the first concrete timeline since its plan to exit the Cosmos ecosystem was approved. The move is aimed at widening developer access and DeFi integrations for SEI.

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Validators have deposited 77.85M ETH—about 46% of the total supply—bringing the value locked to roughly $256 billion; the milestone boosts network security but raises liquidity and centralization concerns.

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Published at 2026-01-17 09:15:08

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Ethereum co-founder Vitalik Buterin warned the community against trading the protocol’s core values for broader adoption, urging stronger on-chain privacy, easier full-node operation, and dApps that avoid centralized infrastructure. His comments highlight tensions between usability, regulation, and decentralization.

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Published at 2026-01-17 04:45:07

Binance Delists Five Tokens, Spotlight on Ethereum, Meme Coins and DeFi

Binance announced it will drop support for five major cryptocurrencies across several blockchain networks, effective 8:00 a.m. UTC on January 22, 2026. The exchange flagged ETH among affected tickers and highlighted impacts on meme and DeFi projects.