According to @glassnode, Ethereum’s Total Fees Paid per Day on the 90-day SMA have fallen below 300 ETH per day since early November, marking the lowest level since July 2017, which signals subdued on-chain demand relative to recent years. source: Glassnode glassno.de/4piYWqq Under EIP-1559, the base fee portion of transaction fees is burned, so lower total fees mechanically translate into a lower ETH burn rate. source: Ethereum.org ethereum.org/en/developers/docs/gas A lower burn rate reduces deflationary pressure on ETH supply and increases the likelihood of net positive issuance when burn falls below staking issuance, a key input for traders tracking ETH supply dynamics. source: Ethereum.org ethereum.org/en/roadmap/merge Validator fee income from priority tips contracts when network fees decline, which can compress staking rewards derived from tips and MEV, an important consideration for yield-focused ETH strategies. source: Ethereum.org ethereum.org/en/roadmap/merge

According to @milesdeutscher, ETH season is in full swing with the past 30 days showing FDV up 52%, approximately $1.2 trillion in trading volume, about $50 million in fees generated, active addresses nearing 10 million, and price up 50%, a snapshot presented as strong momentum and liquidity in ETH markets (source: @milesdeutscher on X, Aug 15, 2025).

According to Santiment, Ethereum transaction fees have plummeted to a 5-year low, with current costs at just $0.168 per transaction. This marks the lowest daily cost since May 2, 2020, presenting an opportune moment for traders to transact with reduced overheads. Lower fees could potentially increase trading volumes and utilization of the Ethereum network, making it a strategic time for traders to consider entry or exit points. For more detailed analysis, visit insights.santiment.net.