Ethereum L1 txs hit 2.2M in a day, and each one cost around 17 cents

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Affected assets and topics

ETH ETHEREUM

Why it matters

Ethereum's L1 transactions reached 2.2 million in a day, with an average cost of around 17 cents, marking a significant decline in transaction fees from their peak in May 2022.

Expected market reaction

Bullish Confidence 80% How confidence is read Horizon: Short term Impact: Moderate

Market impact analysis based on bullish sentiment with 80% confidence.

Evidence trail

Evidence
Source CoinTelegraph
Claim Ethereum L1 txs hit 2.2M in a day, and each one cost around 17 cents
AI inference Bullish · 80%
Generated 2025-12-31 06:38

AI provenance

Analysed by Llama 3.1 8B Instant (Groq) Methodology v1.0 Generated
Technical identifiers
Provider tag
groq-llama-3.1-8b-instant
Analysis version
groq-llama-3.1-8b-instant
Article id
27508

Original source

Ethereum transactions were the most costly in May 2022 when fees were over $200 per transaction on average. They have been declining since.

Read the full article on CoinTelegraph

Original article published by CoinTelegraph on December 31, 2025. Analysis and insights provided by AnalystMarkets AI.

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Llama 3.1 8B Instant (Groq) · 33.1% correct across 118 scored calls on crypto See the full record