TechFlow News: On January 25, Bitfinex reported that Ethereum processed approximately 2.88 million transactions in a single day—a new all-time high—yet average fees remained low, exhibiting an atypical “high throughput, low fees” characteristic. This signals that Ethereum’s long-standing technical roadmap—particularly its Layer 2 scaling efforts—is gradually bearing fruit.
As usage increases, the mainnet continues operating stably, progressively evolving into a neutral settlement and coordination layer. This modular architecture increasingly mirrors the layered logic of traditional financial infrastructure: the base layer prioritizes security, determinism, and final settlement, while upper layers handle innovation and execution complexity. However, the report also cautions that recent transaction volume may include low-value activities such as address poisoning—especially prominent in stablecoin transactions—and thus, transaction volume alone remains an insufficient proxy for genuine economic activity.
