Discover the latest statistics on the significant reduction in unconfirmed Bitcoin transactions to the lowest level in 2022.
Recent statistics show that the number of unconfirmed transactions on the Bitcoin (BTC) network has decreased from over 200,000 in the first week of January to 7,723, the lowest since 2022. Transaction activities on the Bitcoin blockchain have been steadily decreasing since November 19, 2024, when miners processed about 810,805 transactions, reaching 328,684 transactions yesterday. This decline in activity has led to a noticeable drop in network fees, with users currently paying only $0.29 per transaction. These conditions are not particularly favorable for miners who are facing a decrease in income post the 2024 halving.
