The network of the second-largest cryptocurrency by market capitalization has set a new record: 2.2 million transactions processed in a single day.
The cost of Ethereum transactions has dropped to historic lows ($0.17) compared to the peak values of 2022 (over $200).
Thanks to successive blockchain updates, transaction fees continue to decrease. The transition to the Proof-of-Stake model and the introduction of the fee-burning mechanism under EIP-1559 played a key role.
The reduction in transaction fees was also aided by Pectra and Fusaka, deployed in 2025. The first upgrade optimized validator infrastructure and increased staking flexibility, while the second increased the network’s base throughput by 33%, raising the gas limit from 45 to 60 million per block.
Technical efficiency has attracted investors: analysts at Artemis named Ethereum the leader of the year in net fund inflows, with a figure of $4.2 billion.
Ethereum added $4.2B to lead 2025 net flows pic.twitter.com/vIVaaYCPwG
— Artemis (@artemis) December 29, 2025
Developer Popularity
In the fourth quarter, the number of new smart contracts on Ethereum reached a historic high of 8.7 million, according to Token Terminal.
🚨 ON CHAIN RECORD
Ethereum just hit an ALL TIME HIGH in developer activity.
🔥 8.7 MILLION smart contracts deployed in Q4 2025, the highest quarter ever.
🔹 This isn’t speculation, it’s builders shipping
🔹 More contracts = more apps, RWAs, stablecoins, and infra
🔹 Real… pic.twitter.com/eVzxqCU0Ou— BMNR Bullz (@BMNRBullz) December 29, 2025
Analysts linked the growth to the organic development of three areas: RWA, stablecoin activity, and improvements in basic infrastructure.
“Ethereum is quietly becoming a global settlement layer,” experts emphasized.
The network of the second-largest cryptocurrency by market capitalization maintains its lead in the tokenization segment. It accounts for $12 billion out of the total sector value of $19 billion.
Ethereum also ranks first in the stablecoin market. According to DeFi Llama, the ecosystem’s share in the total volume of circulating stablecoins exceeds $167 billion.
At the end of December, the queue for Ethereum staking exceeded withdrawal requests by double.
