Ethereum hit a new daily record of 2.2 million transactions this week, achieving this with average transaction fees around $0.17. Fees have steadily declined from the May 2022 peak of over $200, aided by the 2025 Pectra and Fusaka upgrades that enhanced validator efficiency and scalability. Additionally, Ethereum's staking queue reversed after six months, with the amount of ETH waiting to stake nearly doubling the amount exiting.

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