Optimal Blockchain Transaction Fees for Bitcoin and Ethereum
Recent data analysis indicates that the transaction fees on both the Bitcoin and Ethereum blockchains have remained at minimal levels. Ethereum’s network has seen transaction costs staying below 1 gwei, while Bitcoin has experienced a slight increase in transaction volume.
Low-Cost Blockchain Transactions
As of March 15, 2025, conducting fast ether transactions on the Ethereum network comes with a modest fee of around 1.53 gwei ($0.05), while standard or slower transfers cost between 1.07 to 0.57 gwei ($0.03 to $0.02). Ethereum continues to see a consistent daily transaction volume ranging from 1 million to 1.358 million transactions.
Activities such as decentralized exchange (DEX) swaps, non-fungible token (NFT) sales, bridging, and borrowing on the Ethereum network have also been maintaining minimal costs. For instance, swapping tokens on the ETH network currently requires approximately $0.81 for expedited processing, but users can secure a trade for as little as $0.30.
Meanwhile, NFT enthusiasts looking to make quick sales may opt for priority transactions costing $1.38, although many manage with $0.51. Bridging assets only costs $0.10, and engaging in borrowing protocols requires $0.69.
When it comes to Bitcoin, the daily transaction volume ranges from 300,000 to 530,000 transfers over the past 30 days. The mempool, which represents the pending transaction queue, currently shows 13,089 unconfirmed transactions as of 5:30 p.m. ET on Saturday. High-priority-speed transfers on the Bitcoin network cost 2 satoshis per virtual byte (sat/vB), amounting to $0.24. The average bitcoin fee paid is around 0.000012 BTC (4.9 sat/vB), equivalent to approximately $1.03 based on current BTC exchange rates.
The sustained low transaction fees on both the Bitcoin and Ethereum networks indicate a favorable period for users, with minimal demand and optimal conditions for seamless blockchain interactions. Whether this trend continues will depend on evolving market dynamics and network congestion.
Overall, the current environment presents an ideal opportunity for users to navigate swaps, NFT trades, and bridging with minimal costs on both the Ethereum and Bitcoin ecosystems.