Transaction Fees Remain Steady at Minimal Levels

Recent data shows that onchain transaction fees on both the Bitcoin and Ethereum networks continue to remain low, providing a major benefit to users. Transactions on the Ethereum network currently range from just $0.02 to $0.05, while Bitcoin transfer fees are as low as $0.24 for a high-priority transaction.

Ethereum: Fast Transactions at Affordable Fees

On March 15, 2025, the cost of making a priority Ether transaction will be just 1.53 gwei ($0.05), while standard transactions will cost between $0.57 and $1.07 gwei ($0.02 – $0.03). The Ethereum network still maintains around 1 million to 1.358 million transactions per day, demonstrating the stability and efficiency of the system.

Those who participate in activities on Ethereum such as DEX swaps, NFT trading, bridging, and borrowing are also enjoying extremely low fees. Token swaps on the ETH network can currently be done for a fee of around $0.81, but experienced users can reduce this to as little as $0.30.

NFT traders looking to make fast transactions also don't have to worry about fees. High priority NFT listings cost just $1.38, while low fee transactions can be as low as $0.51. Bridging assets between networks costs just $0.10, and borrowing on DeFi platforms currently costs around $0.69.

Bitcoin: Optimal Transaction Fees

The Bitcoin network is no exception to this low-fee trend. Over the past 30 days, the number of daily Bitcoin transactions has ranged from 300,000 to 530,000. Notably, as of 5:30 p.m. ET on March 15, the mempool recorded just 13,089 unconfirmed transactions, indicating low congestion.

According to data from mempool.space, a high-priority Bitcoin transaction costs just 2 sat/vB, or $0.24. Meanwhile, the average transaction fee on the Bitcoin network is 0.000012 BTC (4.9 sat/vB), or about $1.03 at current rates.

Opportunities for Blockchain Users

The low fees on both Ethereum and Bitcoin not only reflect the efficiency of the protocols, but also open up great opportunities for users. With stable transaction demand and no signs of serious congestion, this is an ideal time to conduct token swaps, NFT transactions, and asset bridging at optimal costs.

This trend also reflects the flexible adjustment of both networks to market demand. However, the future of transaction fees still depends on factors such as market volatility, the rise of DeFi and NFT activities, and network congestion during peak periods.