Ethereum Transaction Fees Drop to Historic Lows as Mainnet Activity Surges

Ethereum transaction fees have fallen to historic lows, now ranging roughly between $0.01 and $0.20, while daily transactions have climbed to as many as 2.9 million, according to recent reporting on network activity and contract deployments ^[1].

January data shows Ethereum mainnet daily active addresses have surpassed those on all layer-2 networks, a trend reported across multiple outlets; security analysts have attributed part of the spike to address-poisoning attacks ^[3][4].

Observers also note an uptick in scam activity coinciding with the fee decline, with reports linking lower costs to increased malicious contract deployments and related fraudulent behavior on the chain ^[1].

The combination of near-zero fees and higher on-chain activity underscores both increased utility for legitimate users and growing security risks, as analysts and reporters urge continued monitoring of malicious activity on the mainnet ^[1][3].