PANews reported on December 16th, citing The Block, that as the year-end approaches, Bitcoin network activity has fallen to its lowest level in 12 months, with PANews reported on December 16th, citing The Block, that as the year-end approaches, Bitcoin network activity has fallen to its lowest level in 12 months, with

The number of active Bitcoin addresses has fallen to its lowest level in a year, raising renewed concerns about the demand for block space.

2025/12/16 07:55

PANews reported on December 16th, citing The Block, that as the year-end approaches, Bitcoin network activity has fallen to its lowest level in 12 months, with the 7-day moving average of active addresses dropping to 660,000. While a seasonal slowdown is expected, several network metrics are already showing weakness. Currently, the number of active addresses is at its lowest level since December 2024, when network activity peaked due to the speculative frenzy surrounding Ordinals and Runes. This weak network activity is also putting downward pressure on miners' economics. Miners' daily revenue has fallen from an average of $50 million in the third quarter to approximately $40 million. Almost all of this revenue comes from block subsidies rather than transaction fees, highlighting the limited demand for Bitcoin block space.

An unusual dynamic has emerged in the composition of Bitcoin transactions. Rune transactions now account for a larger proportion of total network transaction volume, but contribute only 5% to 10% of total transaction fee revenue, raising concerns about block space requirements. When half of Bitcoin's transaction throughput generates negligible fees, it suggests a mismatch between network utilization and value creation.

Market Opportunity
Blockstreet Logo
Blockstreet Price(BLOCK)
$0.013482
$0.013482$0.013482
+0.95%
USD
Blockstreet (BLOCK) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Crypto Market Prediction: Is Shiba Inu (SHIB) Saved? XRP Can Enter New Year With Bull Run, Bitcoin (BTC): There's a Problem

Crypto Market Prediction: Is Shiba Inu (SHIB) Saved? XRP Can Enter New Year With Bull Run, Bitcoin (BTC): There's a Problem

Market's volatility and volume profiles are not showing disruption, but things might change as the holidays continue.
Share
Coinstats2025/12/26 08:01
Fed Decides On Interest Rates Today—Here’s What To Watch For

Fed Decides On Interest Rates Today—Here’s What To Watch For

The post Fed Decides On Interest Rates Today—Here’s What To Watch For appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday will conclude a two-day policymaking meeting and release a decision on whether to lower interest rates—following months of pressure and criticism from President Donald Trump—and potentially signal whether additional cuts are on the way. President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to. Getty Images Key Facts The central bank is poised to cut interest rates by at least a quarter-point, down from the 4.25% to 4.5% range where they have been held since December to between 4% and 4.25%, as Wall Street has placed 100% odds of a rate cut, according to CME’s FedWatch, with higher odds (94%) on a quarter-point cut than a half-point (6%) reduction. Fed governors Christopher Waller and Michelle Bowman, both Trump appointees, voted in July for a quarter-point reduction to rates, and they may dissent again in favor of a large cut alongside Stephen Miran, Trump’s Council of Economic Advisers’ chair, who was sworn in at the meeting’s start on Tuesday. It’s unclear whether other policymakers, including Kansas City Fed President Jeffrey Schmid and St. Louis Fed President Alberto Musalem, will favor larger cuts or opt for no reduction. Fed Chair Jerome Powell said in his Jackson Hole, Wyoming, address last month the central bank would likely consider a looser monetary policy, noting the “shifting balance of risks” on the U.S. economy “may warrant adjusting our policy stance.” David Mericle, an economist for Goldman Sachs, wrote in a note the “key question” for the Fed’s meeting is whether policymakers signal “this is likely the first in a series of consecutive cuts” as the central bank is anticipated to “acknowledge the softening in the labor market,” though they may not “nod to an October cut.” Mericle said he…
Share
BitcoinEthereumNews2025/09/18 00:23
Philippines Blocks Coinbase, Gemini Access; BTC Trading Faces Potential Disruptions

Philippines Blocks Coinbase, Gemini Access; BTC Trading Faces Potential Disruptions

The post Philippines Blocks Coinbase, Gemini Access; BTC Trading Faces Potential Disruptions appeared on BitcoinEthereumNews.com. Philippine ISPs began blocking
Share
BitcoinEthereumNews2025/12/26 08:29