Investment
Features
FeesSafety
Academy
More
Pluang+

Ethereum usage hits record highs despite sharp drop in transaction fee revenue.

Protocol Fundamentals
21 Jun 2026
Cointribune
View Source
Neutral
Ethereum usage hits record highs despite sharp drop in transaction fee revenue.

Ethereum's network saw a surge in adoption with 13.2 million active users and an 81.5% year-on-year increase in transactions in Q1 2026. However, revenue from transaction fees fell by over 80% due to a strategic upgrade that lowered costs to encourage long-term growth. Despite the fee drop, Ethereum remains dominant in DeFi and tokenized assets, holding 71% of the top blockchain TVL and leading in decentralized exchange volume. Future upgrades aim to boost scalability to 10,000 transactions per second by 2029, betting on mass adoption over short-term token price gains.

More News (ETH)

Ethereum eyes $4,000 as ETFs see $834M inflows and BitMine boosts holdings amid $2,800 resistance test.

Ethereum eyes $4,000 as ETFs see $834M inflows and BitMine boosts holdings amid $2,800 resistance test.

Ethereum (ETH) recently faced resistance near $2,800, triggering a minor price correction after a 7% monthly gain. On-chain metrics like transaction volume crossovers and the MVRV Ratio suggest potential for a rise toward $4,000. Spot Ethereum ETFs h...

Technical Signals
Bullish
6 hours ago
BTC, ETH, SOL, and XRP expected to rally with targets of $87K, $2,900, $130, and $1.70 by September end.

BTC, ETH, SOL, and XRP expected to rally with targets of $87K, $2,900, $130, and $1.70 by September end.

Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Ripple (XRP) have shown strong gains in September, pushing the total crypto market cap higher. Analysts predict BTC could reach $87,000, ETH $2,900, SOL $130, and XRP $1.70 by the end of the month, dri...

Analyst Insights
Bullish
7 hours ago
Ethereum, Solana, and Zcash show mixed growth forecasts with cautious bets for 2026 targets.

Ethereum, Solana, and Zcash show mixed growth forecasts with cautious bets for 2026 targets.

Predictive markets indicate Ethereum has about a 70% chance to reach $3000 before 2027, with lower probabilities for higher targets. Solana is expected to rise to around $140, but chances diminish for prices above that. Zcash forecasts are the most v...

Market News
Bullish
9 hours ago
Crypto address buys 9,158 ETH worth $24.34M, holding gains $363K amid price drop

Crypto address buys 9,158 ETH worth $24.34M, holding gains $363K amid price drop

A crypto address accumulated 9,158.25 Ether (ETH) over nearly three weeks, spending about $24.34 million at an average price of $2,658.12 per ETH. The purchases were made in multiple batches as Ether's price declined, indicating a strategy of buying ...

Market News
Bullish
13 hours ago
Ethereum (ETH) price dips below $2,700, hitting $2,698 on Binance spot trading.

Ethereum (ETH) price dips below $2,700, hitting $2,698 on Binance spot trading.

Ethereum (ETH), the second-largest cryptocurrency by market cap, fell below the key $2,700 price level, reaching $2,698 on Binance spot trading as of late Sept. 26. This marks a slight decline of 0.17% within an hour, signaling a minor downward movem...

Market News
Bearish
13 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App