Ethereum Metrics Show Stable Demand Amid Low Transaction Costs

Ethereum closed August with steady onchain activity and low fees, showing resilience despite modest net issuance.

The network’s supply sits near 121 million ETH, with issuance outpacing burns slightly, while cumulative burns since EIP-1559 have topped 4.6 million ETH. Daily activity remains strong at over 1.6 million transactions, averaging under $1 in fees, and contract creation continues at a rapid pace. More than 390 million addresses now hold ETH, though wealth remains concentrated in top wallets and contracts.

With fees stable around 16 gwei and throughput near 19 transactions per second, Ethereum demonstrates efficient performance and capacity for further growth, positioning itself as a reliable backbone for DeFi, NFTs, and broader Web3 adoption.

Clever Robot News Desk 29^th August 2025