Ethereum mainnet's single-day transaction volume hits a new record of 2.2 million transactions, with a single transaction fee of approximately $0.17.

This week, the Ethereum mainnet's single-day transaction volume reached a new high of 2.2 million transactions, while the average transaction fee has dropped to just 17 cents. The highest record for Ethereum transaction fees was in May 2022, when users paid over $200 per transaction.
However, despite the continuous growth in network usage, ongoing upgrades have significantly reduced the fees. Since October 10, the fees have been on a downward trend. On that day, influenced by a major liquidation event caused by a sharp market decline, the fee was approximately $8.48.