January 19 News, the Ethereum network has recently achieved a key data breakthrough, with on-chain transaction processing volume and activity both hitting record highs, indicating a strong recovery momentum for the Ethereum ecosystem in early 2026.
Data shows that last Friday, Ethereum processed 2,885,524 transactions in a single day, setting a new high since the network’s inception. This performance marks a clear reversal in on-chain activity after a prolonged slowdown in 2025, with a noticeable uptick from late 2025 to early 2026. As demand for DeFi, NFTs, and diversified applications warms up, transaction volume is generally believed to have further upward potential.
Notably, while transaction demand is rapidly increasing, Ethereum’s average transaction fee remains relatively low. This phenomenon reflects the gradual effectiveness of recent network upgrades, as a large number of transactions are diverted to layer 2 networks for execution, allowing the mainnet to maintain high operational efficiency under heavy load. Compared to previous cycles, the logic that “rising transaction volume must push up Gas fees” is gradually weakening.
Changes in the staking layer also attract market attention. Currently, the validator withdrawal queue on Ethereum has dropped to zero, meaning stakers can almost instantly withdraw their ETH, while new staking entries still need to wait. This structure indicates that there is no concentrated unlocking or large-scale withdrawal behavior at present, and the staking system remains relatively stable.
Combining the dual signals of record-high transaction volume and the return to balance in the staking queue, the Ethereum network is demonstrating more mature scalability. This not only helps improve user experience but also provides more solid data support for core narratives such as ETH’s long-term value, on-chain transaction growth, and staking security on Ethereum.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
ETH 15-minute up 0.65%: Strengthening spot buy orders and short covering in sync push prices higher
2026-04-13 14:30 to 2026-04-13 14:45 (UTC), ETH price return +0.65%. The price range is 2210.74 to 2227.48 USDT, with a range amplitude of 0.76%. During this period, market volatility intensified, attention increased rapidly, and investors were highly sensitive to the short-term trading trend performance.
The main driving force behind this unusual move is stronger spot-market buy orders, along with the exchange’s ongoing net outflows of ETH. Over the past 24 hours, net outflows from exchanges reached -5,576.54 ETH, and exchange holdings saw a net decrease over 30 days of 1,050
GateNews4m ago
Bitmine gets promoted to the NYSE main board! Tom Lee: US stocks may be at their bottom, and selling pressure on Ether could ease
Bitmine has officially transferred from the NYSE American board to the main board in the United States, marking an important milestone for the company. Despite a significant drop in its share price, it has still increased the share repurchase plan amount to $4.0 billion. The company holds a large amount of Ether, and it expects that a rebound in the crypto market will help improve its assets and share price performance.
CryptoCity10m ago
Whale Withdraws 8,091 ETH Worth $17.64M from Centralized Exchange
Gate News message, a whale has withdrawn 8,091 ETH valued at $17.64 million from a centralized exchange. The withdrawal was made from address 0x9d99C2fd19a7803de5691b2dBA3b15B09FeF37fe.
GateNews37m ago
ETH 15-minute rise of 1.24%: On-chain capital outflows and macro risk aversion converge to boost volatility
From 2026-04-13 13:45 to 14:00 (UTC), ETH surged rapidly within a 1.48% amplitude. The price ranged from 2182.61 to 2214.98 USDT, and the return rate in 15 minutes reached +1.24%. This bout of unusual activity has drawn market attention, with active capital inflows and outflows, a marked increase in volatility, and a short-term warming of trading sentiment.
The main driver behind this unusual activity is on-chain capital outflows and changes in the holdings structure. Over the past few weeks, the net positions of the 1k–10k ETH whale cohort and the 10k+ super whale cohort have continued to decline, around April 13, the related
GateNews49m ago