January 19 News, the Ethereum network has recently achieved a key data breakthrough, with on-chain transaction processing volume and activity both hitting record highs, indicating a strong recovery momentum for the Ethereum ecosystem in early 2026.
Data shows that last Friday, Ethereum processed 2,885,524 transactions in a single day, setting a new high since the network’s inception. This performance marks a clear reversal in on-chain activity after a prolonged slowdown in 2025, with a noticeable uptick from late 2025 to early 2026. As demand for DeFi, NFTs, and diversified applications warms up, transaction volume is generally believed to have further upward potential.
Notably, while transaction demand is rapidly increasing, Ethereum’s average transaction fee remains relatively low. This phenomenon reflects the gradual effectiveness of recent network upgrades, as a large number of transactions are diverted to layer 2 networks for execution, allowing the mainnet to maintain high operational efficiency under heavy load. Compared to previous cycles, the logic that “rising transaction volume must push up Gas fees” is gradually weakening.
Changes in the staking layer also attract market attention. Currently, the validator withdrawal queue on Ethereum has dropped to zero, meaning stakers can almost instantly withdraw their ETH, while new staking entries still need to wait. This structure indicates that there is no concentrated unlocking or large-scale withdrawal behavior at present, and the staking system remains relatively stable.
Combining the dual signals of record-high transaction volume and the return to balance in the staking queue, the Ethereum network is demonstrating more mature scalability. This not only helps improve user experience but also provides more solid data support for core narratives such as ETH’s long-term value, on-chain transaction growth, and staking security on Ethereum.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
ETH Liquidation Cascade: $635M Long Positions at Risk Below $2,217, $504M Shorts Exposed Above $2,430
Gate News message, April 26 — According to Coinglass data, if Ethereum falls below $2,217, cumulative long liquidations across major CEX platforms would reach $635 million. Conversely, if ETH surges above $2,430, cumulative short liquidations would total $504 million.
GateNews8m ago
Whale Liquidates 1,351 ETH and Opens $50.6M Bitcoin Short on Hyperliquid
Gate News message, April 26 — A whale address beginning with 0x310 opened a 16x leveraged Bitcoin short position on Hyperliquid over the past 30 minutes, with a notional value of $50.6 million across 653 BTC at an average price of $77,470. The liquidation price stands at $81,308, making it the
GateNews22m ago
Aave, Kelp, LayerZero Seek $71M Frozen ETH Release from Arbitrum DAO
Aave Labs, Kelp DAO, LayerZero, EtherFi, and Compound filed a Constitutional AIP on the Arbitrum forum Saturday morning requesting the network's DAO release approximately $71 million in frozen ETH to support rsETH recovery efforts following last week's $292 million Kelp DAO exploit. The proposal
CryptoFrontier1h ago
Ethereum Foundation Unstakes $48.9M Worth of ETH via Lido
Gate News message, April 26 — The Ethereum Foundation unstaked approximately $48.9 million worth of ETH 24 hours ago (April 25), according to Arkham's on-chain monitoring. The foundation deposited wstETH into Lido's unstETH contract as part of the unstaking process.
Once the unlock process
GateNews4h ago
Ethereum Spot ETFs See $23.38M Net Inflows Yesterday, Only BlackRock ETHB Posts Gains
Gate News message, April 26 — According to SoSoValue data, Ethereum spot ETFs recorded total net inflows of $23.38 million yesterday (April 25). BlackRock's Staked ETH ETF (ETHB) led all funds with single-day net inflows of $32.25 million, bringing its historical total net inflows to $32.25 million.
GateNews6h ago
ETH Liquidation Cascade: $499M in Short Positions at Risk If Ether Breaks $2,417
Gate News message, April 26 — According to Coinglass data, if Ethereum breaks above $2,417, cumulative short position liquidations across major centralized exchanges would reach $499 million. Conversely, if ETH drops below $2,213, cumulative long position liquidations would reach $499 million.
GateNews6h ago
