Ethereum sets a record for daily transactions

As of Dec. 31, 2025, Ethereum reached a new activity high: the seven-day moving average for transactions rose to about 1.87 million. The metric stayed elevated throughout the week.
According to Etherscan data, Ethereum mainnet posted an all-time high of 2,230,801 transactions in a single day. The record was set on Dec. 29, 2025. Activity eased afterward but remained close to peak levels on Dec. 30–31.
A higher transaction count does not always mean more unique users are arriving on-chain. A “transaction” can be a simple transfer, a smart contract interaction, a bot-driven sequence, or operational activity from infrastructure services. Because of that, analysts typically look at the broader picture: active addresses, fee trends, gas usage, and whether pending transaction queues are building up.
Fees are a key part of the context. Etherscan’s historical charts show the average transaction fee in USD peaked on May 1, 2022, at $200.06. By contrast, the latest Etherscan stats show an average fee over the past 24 hours of roughly $0.12, with about 1.94 million transactions over the same period.
High throughput that previously came with a sharp rise in costs is now more frequently paired with lower fees.

The combination points to strong demand for Ethereum’s base layer. Over the past few years, many user-facing apps and lower-value activity have moved to Layer 2 networks. Still, a record on Layer 1 suggests mainnet continues to serve as a settlement venue where balances are finalized, application states are anchored, and higher-value flows prioritize liquidity and security.
The record also functions as a stress test over more than a single day. One-time spikes can be driven by short-lived events. A seven-day moving average at a new high suggests more sustained usage. At the same time, Etherscan’s network charts show daily new addresses above 360,000 in the latest read, which may indicate a broader base of participants.
Even so, a record does not guarantee the trend continues. Transaction activity can be affected by seasonality, bursts from individual protocols, arbitrage cycles, stablecoin flows, and marketing-driven events. Still, the pairing of high transaction volume and low fees is notable for Ethereum and suggests the network is handling heavier activity with less pressure on costs.
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