Bitcoin network fees reached record levels in 2025, rising amid increasing Bitcoin prices. The average transaction fee now stands at $2.40, the highest figure for the current year, according to experts from The Block.
This is reported by Finway
Data shows that since the beginning of May, average fees have increased by approximately $1, indicating a growing demand for block space, often observed during market activity. However, despite the rise in fees, the number of daily transactions has decreased. While over 507,000 transactions were recorded on April 22, this figure has now fallen by 35% to around 330,000 transactions.
Reduction in Bitcoin Supply
Additionally, the volume of so-called illiquid Bitcoin supply held in inactive wallets has reached a new all-time high. This could lead to a reduction in the available supply in the market if demand continues to grow.
“The decrease in the number of coins available on exchanges means that an increase in demand could lead to a supply shortage, potentially pushing the price even higher.”
Ethereum Network Fees
It is worth noting that in April 2025, the analytics firm Santiment reported that fees on the Ethereum network reached their lowest level in the past five years.