Bitcoin Network Fees Reach All-Time High
Date: 2025-05-20 Author: Henry Casey Categories: CRYPTO PAYMENTS
Since early May 2025, the average Bitcoin network transaction fee has increased by $1, which, according to analysts at The Block, indicates an increasing load on the blockchain. The increase in fees indicates a growing interest in the digital asset among market participants, despite an overall decline in the number of daily transfers.
According to The Block, the number of transactions on the network has decreased by 35% compared to April: from more than 507,000 to 330,000 transactions per day. Despite this, the increase in fees indicates that the Bitcoin blockchain remains in demand, especially against the backdrop of a possible supply shortage on the market.
Analysts believe that the current trend could lead to accelerated growth in the cryptocurrency price. A decrease in the number of available coins on exchanges is a signal that investors are withdrawing assets for long-term storage. In conditions of limited supply and stable demand, the asset price may again rush to record levels.
A similar picture is confirmed by data from Glassnode. Since the beginning of March 2025, 60 new addresses have appeared in the network, each containing more than 1000 BTC. The number of such large wallets has reached 2107 - this is the maximum in the last four months. Such activity of "whales" indicates strategic accumulation and preparation for possible market growth.
Thus, despite the reduction in the number of transactions, the network is experiencing significant pressure, which is expressed in an increase in fees. This may be due not only to technical factors, but also to the active position of large investors influencing liquidity and supply dynamics.
Experts note that if current trends continue, Bitcoin may enter a new stage of the price rally. Low activity does not always mean a decrease in interest - on the contrary, it may be a sign of a lull before a new surge.
