Ethereum L1 Daily Transaction Volume Hits 2.2 Million, with Average Fee of Around $0.17
On December 31st, Etherscan data shows Ethereum’s mainnet hit a new record yesterday with 2.2 million daily transactions, while the average transaction fee dropped to just $0.17.
Ethereum’s previous all-time high for transaction fees came in May 2022, when users paid over $200 per transaction on average. Thanks to ongoing network upgrades, fees have plummeted even as usage has grown sharply.
The surge in mainnet transaction volume signals users are flocking back to Ethereum’s Layer 1, while developers are increasingly positioning the chain as a settlement layer. Token Terminal data also shows the number of newly deployed smart contracts on Ethereum’s mainnet reached an all-time high of 8.7 million in Q4.
In 2025, Ethereum saw two major upgrades:
- The May Pectra upgrade centered on validator enhancements, staking flexibility, and laying groundwork for future scalability features.
- The early December Fusaka upgrade increased the gas limit from 45 million to 60 million, dra
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「Meme Army Front-Run」 LIT Futures Long Position Turns from Floating Loss to Gain, Further Increased by Over $2 Million in a Short Period
On December 31st, data from Coinbob Popular Address Monitor (https://t.me/Coinbob_track_CN) shows that in the past 2 hours, the "Shanzhai Short Leader" has again ramped up its short positions after LIT dropped to the address’s average entry price. It added over 750,000 LIT (roughly $2.07 million) in a short span. The current position size stands at $2.73 million, and as of press time, the address is still actively increasing its holdings.
Monitoring data indicates this address is currently the largest short holder of UNI and ASTER on Hyperliquid. Previously, it held 22 short positions simultaneously; after closing nearly half of them in December, it has recently resumed gradually opening new short positions. Its total current position size is approximately $28.4 million.
The address has focused on shorting recently—since the start of this month, it has closed 10 short positions, and it excels at capitalizing on altcoin price swings. Data shows its 30-day win rate is 80%, with yea
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Ethereum Deposit FOMO Intensifies, with CEX Net Inflow of 105,800 ETH in the Last 24 Hours
As of December 31, Coinglass data shows total net inflows of ETH across centralized exchanges (CEX) hit 105,800 ETH in the past 24 hours.
The top three CEX by inflows are:
- Binance: 115,600 ETH inflow
- Bitfinex: 6,153.71 ETH inflow
- Gate: 3,074.66 ETH inflow
Additionally, Bybit led the outflow list with 7,858.23 ETH withdrawn.
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Key Milestones in US Crypto Regulation in 2026
December 31 – As Trump’s second term drives significant shifts in U.S. crypto policy toward friendliness, 2026 is shaping up as a decisive year. Key milestones include:
- **January**: Senate expected to hold a hearing on the Crypto Market Structure Act—passage would clarify regulatory boundaries for the SEC and CFTC; the SEC may also roll out an “Innovation Exemption” to ease compliance hurdles for startups.
- **May 15**: Fed Chair Powell’s term expires; Trump likely to appoint a more dovish successor, a potential boon for crypto assets.
- **July 1**: California Digital Asset Act takes effect, imposing licensing requirements on crypto businesses operating in the state.
- **July 18**: Deadline for regulatory details under the Stablecoin “GENIUS Act,” covering issuance, capital, and compliance rules.
- **August**: Crypto tax legislation (including stablecoin small-value exemptions) and CFTC blockchain-related rules expected to advance.
- **November 3**: U.S. midterm election
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Binance Alpha New Airdrop Coming Soon, Receive At Least 240 Points
Per an official announcement on December 31, Binance Alpha will launch a new token airdrop at 15:00 UTC+8 today. Users holding at least 240 Binance Alpha Points are eligible to claim the airdrop on a first-come, first-served basis. The offer is valid until the airdrop pool is depleted or the event concludes.
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