Bitcoin transaction charges surged to their highest ranges this 12 months because the flagship cryptocurrency exams key resistance close to $106,000. Community congestion intensified amid renewed institutional curiosity and Ethereum ecosystem exercise spillover, in accordance with knowledge from Statista.
The typical price per transaction reached $48.72 on Could 17 – a 320% improve from January’s $15.50 common. This surge coincides with Bitcoin’s fourth try to interrupt by way of the $106,000 psychological barrier since its April halving occasion.
Miners collected $150 million in charges throughout the newest congestion spike, equal to 12% of their whole income. The price surge recollects December 2024 situations when institutional accumulation first pushed charges above $40.
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Bitcoin Community Pressure Intensifies
Key metrics present unprecedented pressure:
| Metric | Could 2024 | Could 2025 |
|---|---|---|
| Avg. Payment | $18.40 | $48.72 |
| Transactions/Day | 312k | 587k |
| Mempool Backlog | 48MB | 136MB |
The price spike follows MicroStrategy’s newest $800 million BTC buy and BlackRock’s ETF recording its 18th consecutive influx day.
Ethereum Improve Fails to Divert Exercise
Regardless of Ethereum’s Dencun improve decreasing L2 transaction prices by 90%, community knowledge exhibits:
- BTC every day energetic addresses up 27% MTD
- ETH addresses flat at 612k/day
- Bitcoin dominance index climbs to 54.3%
Analysts counsel Ethereum’s staking yield compression (now 3.1%) drives capital rotation into Bitcoin’s relative shortage narrative.
MicroStrategy’s Billion-Greenback Guess
The enterprise software program agency added to its industry-leading place:
- Whole holdings: 300,000 BTC
- Common worth: $42,150
- Unrealized acquire: $19.2 billion
CEO Michael Saylor confirmed plans to “purchase extra BTC than any nation-state” throughout final week’s earnings name, although declined to specify timeline or quantity.
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Market observers warn sustained excessive charges might speed up adoption of Lightning Community and Bitcoin L2 options. Constancy’s Q2 Digital Property Report notes a 214% improve in company Lightning Node deployments, suggesting enterprises are making ready for continued community pressure amid institutional adoption waves.