Ethereum mainnet hits 2.2M daily transactions as average fee drops to $0.17

According to Etherscan, the Ethereum mainnet recently processed 2.2 million transactions in a single day while average fees fell to about $0.17. Fees had previously peaked above $200 per transaction in May 2022 and have generally trended lower amid network upgrades, increased gas limits and rising on-chain activity including 8.7 million new smart contracts in the fourth quarter of 2025.