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ETHEREUM GOT 54% BUSIER WHILE MAINNET FEES FELL 90% From January through October, Ethereum mainnet averaged 2.17 million transactions a day, up 54% year over year. Median transaction fees fell from 35 cents to 3.5 cents. Stablecoins still moved $25.8 trillion on mainnet, 61% more than during the same period in 2025. Ethereum and its L2s together averaged about 25 million daily transactions. The overlooked signal is simultaneous growth and affordability. Ethereum handled more mainnet activity at one-tenth the median fee. The next test is whether that usage creates durable settlement demand and ETH value capture.

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