Block Beats reported that according to The Block, on May 19, the 7 – day average on – chain transaction fee of Bitcoin rose to $2.40. This is about $1 higher than the level in early May, reaching a new high in 2025.
Glassnode data shows that the non – liquid supply (long – term held BTC) has reached an all – time high. Analysts said that the rebound in the market capitalization share of Bitcoin indicates that the previous correction was a liquidity adjustment rather than the start of the “altcoin season”. The continuous decrease in the inventory of trading platforms, combined with rising demand, may lead to a more serious supply shortage and further push up the price of Bitcoin.
As the price of Bitcoin continues to rise and approaches the recent high of $106,000, the increase in transaction fees may be due to the increase in market activity and the resulting increase in the number of transactions. More investors are participating in Bitcoin trading, which leads to a higher demand for block space on the blockchain, thereby pushing up transaction fees.
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