Reflecting on last April, the average fee to transact on the Bitcoin blockchain hovered at $16.16 per transfer and climbed sharply once block 840,000 was mined, marking the fourth halving. Today, transaction costs have eased noticeably, and data collected on April 18, 2025, at 8 p.m. Eastern time show the average fee on the Bitcoin blockchain is about 5.1 satoshis per virtual byte (sat/vB)—equivalent to $0.913 per transaction.
Mempool.space’s data show that a premium fee of 3 sat/vB — roughly $0.35 per transaction — secures expedited inclusion in the next block. The Bitcoin mempool, the virtual staging area for unconfirmed transfers, now houses about 21,118 transactions awaiting validation, compared with roughly 248,000 pending transfers recorded at the same point in 2024. Concurrently, transaction costs on the Ethereum blockchain network have markedly diminished relative to 2024 levels.
Fees have fallen by 92.36% compared with April 18, 2024, dropping from $4.03 to $0.31 per transaction, or 0.00019 ETH. Etherscan.io’s Gas Tracker indicates that transaction fees are below 1 gwei. A priority transaction on Ethereum now requires just 0.406 gwei—about $0.01—with confirmation in roughly 30 seconds. That covers a simple ETH transfer; executing a swap or a non-fungible token (NFT) sale demands a modestly higher outlay.
Swapping tokens peaks at about $0.22 per transaction, according to Etherscan.io. Selling an NFT carries a fee near $0.37, while bridging costs approximately $0.07. Borrowing on Ethereum is estimated at $0.37 as of 8 p.m. Eastern Time on April 18. Around the same time last year, two days prior, an accelerated high-priority ETH transfer cost approximately 19 gwei, or $1.16. Back then, a priority swap ran around $20.73, and an NFT sale cost about $35.03.
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