Data: The number of Bitcoin network transactions has fallen to a new low since October 2023

2025-06-09 08:36:48

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ChainCatcher news, the seven-day average transaction volume on the Bitcoin network dropped to 317,000 last Friday, marking a new low since October 2023. Due to the sluggish trading activity, some miners have started looking for transactions with fees below the Bitcoin Core default relay threshold (1sat/vB). Mononaut pointed out that one of their transactions was submitted to the Bitcoin mining company MARA (formerly Marathon Digital), which publicly operates a non-standard low-fee transaction channel called Slipstream.

On June 6, 31 Bitcoin Core developers jointly signed an open letter opposing node filtering of low-fee or non-standard transactions, emphasizing the essential property of Bitcoin as a censorship-resistant system. The developers pointed out that forcing users to use private channels like Slipstream would undermine decentralization. This stance was opposed by Jan3 founder Samson Mow and others, who believe that core developers are removing protective mechanisms for junk transactions.

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