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Ethereum mainnet hits record 2.16M daily transactions as fees drop sharply, cutting network revenue by 58%.

Protocol Fundamentals
09 Nov 2026, 15:54 WIB
Crypto Briefing
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Neutral
Ethereum mainnet hits record 2.16M daily transactions as fees drop sharply, cutting network revenue by 58%.

Ethereum's main network reached a record average of 2.16 million daily transactions in 2026, driven largely by stablecoin transfers totaling $25.8 trillion, a 61% increase year-over-year. However, median transaction fees fell tenfold from 35 cents to 3.5 cents, causing total fee revenue to drop by 58% despite the surge in activity. Layer-2 networks processed about ten times the mainnet's daily transactions, reflecting Ethereum's strategy to scale by offloading traffic. The key challenge now is how value is captured across the base chain, layer-2s, and stablecoin issuers amid growing transaction volumes but shrinking fee income.

Ethereum mainnet's record average of 2.16 million daily transactions in 2026 provides context for digital asset activity. For readers following the broader cryptocurrency market, here is Pluang's snapshot as of Nov 09, 2026 20:02 WIB: among 50 major cryptocurrencies, 17 rose and 32 fell today. Notable movers include BAL (Balancer) up 11.14% at Rp16.297, EOS (EOS.IO) up 8.13% at Rp12.649, and ZIL (Zilliqa) up 6.64% at Rp32 with a typical hold time of 134 days and Pluang order activity showing 74% sell and 26% buy.

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