Ethereum Gas Fees Drop to Five-Year Low as Network Processes 2.2 Million Daily Transactions

On January 12, 2026, data attributed to analyst Rand showed that Ethereum's gas costs have fallen to a five-year low following recent network upgrades such as Fusaka and Pectra. The network reportedly processed 2.2 million daily transactions with an average fee of $0.17 at the end of December, improving its competitiveness with rivals like Solana. Despite these on-chain gains, Ether's price has largely struggled below $3,000 for most of 2025, though observers suggest sustained lower fees could eventually support stronger market performance.